Yes Bank’s former CEO Rana Kapoor says was forced to buy painting from Priyanka
The statement is part of a supplementary charge sheet filed by ED to the special Prevention of Money Laundering Act court in Mumbai
Mumbai Yes Bank founder Rana Kapoor has claimed in a statement to the Enforcement Directorate (ED) that he was pushed to buy a MF Husain painting from Priyanka Gandhi Vadra, and that he was promised one of the country’s top civilian awards in return.
The statement, recorded by ED on March 9 and 10, 2020, added that the sale was facilitated by senior Congress leader Murli Deora — a fact that has been previously reported.
It adds that a few weeks later after the purchase, senior Congress leader, the late Ahmed Patel, had appreciated his “good deed” and informed him that he (Kapoor) would be “duly considered” for a major civilian honour, and “possibly some non-political banking and finance assignments”.
This statement is part of a supplementary charge sheet filed by ED to the special Prevention of Money Laundering Act (PMLA) court in Mumbai in April 2022. HT has reviewed a copy of it. To be sure, both Deora and Patel have passed on and there is no way of verifying Kapoor’s statement.
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