The Enforcement Directorate (ED) on March 8 arrested Rana Kapoor, the former MD and CEO of Yes Bank. Kapoor is being investigated in the alleged irregularities in the investment of over Rs 4,300 crore Employees’ Provident Fund (EPF) of UPPCL and DHFL. RKW Developers and DHFL are under the scanner for financing underworld don Dawood Ibrahim’s aide Iqbal Mirchi, who purchased properties in South Mumbai.
