The promoters of DHFL (Diwan Housing Finance Limited), a leading private finance company have been arrested in connection with a multi-crore corruption scam involving Yes Bank. The Central Bureau of Investigation (CBI) has arrested Kapil Wadhawan and Dheeraj Wadhawan. The Wadhavan family, including 10 members of the Wadhawan family, who arrived in Pune from Mahabaleshwar after breaking the lockdown, was home quarantine. From there, the Wadhawan brothers have been arrested.
The CBI has arrested Kapil Wadhawan and Dheeraj Wadhavan from Mahabaleshwar in Maharashtra. The arrests were made by the CBI special court with the non-bailable arrest warrant in cooperation with district authorities in Satara. The two accused will be produced before a special CBI court in Mumbai, ”the CBI said in a statement.
The CBI filed a case against the Wadhavan brothers on March 7. The case relates to the corruption of crores of rupees with Rana Kapoor, managing director of Yes Bank. The CBI says Kapil and Dheeraj have been absconding since the start of the investigation. On March 9, police raided the homes of the accused but could not find them.
The CBI subsequently issued a notice to them but the accused did not accept it. A non-bailable warrant was issued on March 17. The Enforcement Directorate is also investigating allegations of money laundering by Yes Bank.
