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ED arrests Omkar Realtors Chairman, MD in Yes Bank fraud case
short by Kiran Khatri / on Thursday, 28 January, 2021
The ED has arrested Omkar Realtors Chairman Kamal Kishore Gupta and Managing Director Babulal Varma in Mumbai in the Yes Bank money laundering case. They allegedly misappropriated around ₹410 crore taken as loans from Yes Bank, according to ED. The group is also accused of misusing various permissions given under slum rehabilitation authority schemes and availing loans worth ₹22,000 crore.
read more at Hindustan Times