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Yes Bank scam: CBI gets custody of Kapil and Dheeraj Wadhawan till April 29

The duo was arrested on Sunday from a Mahabaleshwar-based quarantine facility, nearly 50 days after they were booked in the case also involving Yes Bank CEO Rana Kapoor.

Published: 27th April 2020 04:18 PM  |   Last Updated: 27th April 2020 04:18 PM   |  A+A-

Yes Bank, Yes Bank scam

According to the CBI FIR, the scam started taking shape between April and June 2018 when Yes Bank invested Rs 3,700 crore in short-term debentures of the scam-hit DHFL. (File photo | EPS)

By PTI

MUMBAI: A special court here on Monday remanded DHFL promoter Kapil Wadhawan and RKW Developers promoter Dheeraj Wadhawan to CBI custody till April 29 in connection with the Yes Bank scam, officials said.

The duo was arrested on Sunday from a Mahabaleshwar-based quarantine facility, nearly 50 days after they were booked in the case also involving Yes Bank CEO Rana Kapoor.

The Wadhawans were produced before a special court here which remanded them to Central Bureau of Investigation (CBI) custody till Wednesday, April 29, the officials said.

According to the CBI, Kapoor, 62, entered into a criminal conspiracy with Kapil Wadhawan for extending financial assistance to DHFL through Yes Bank in return for substantial undue benefits to himself and his family members through companies held by them.

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