A special court in Mumbai today rejected the bail pleas of businessmen-brothers Kapil and Dheeraj Wadhawan of DHFL group in a money laundering case filed against them by the Enforcement Directorate (ED). Wadhawan brothers are facing charges of financial irregularities in cases filed by the ED and the Central Bureau of Investigation (CBI).They are currently in CBI custody in connection with the Yes Bank scam in which they are accused along with former Yes Bank CEO and co-founder Rana Kapoor.<br />'' <br />'' The ED has charged the duo in two cases one pertaining to alleged irregularities in the investment of Employees Provident Fund (EPF) of the Uttar Pradesh Power Corporation Ltd (UPPCL) and the second relating to laundering of over Rs 4,000 crore through Yes Bank.<br />'' <br />''On April 27, a special CBI court in the city had remanded Kapil and Dheeraj Wadhawan to custody of the agency till April 29 in connection with the Yes Bank scam.<br />
News On AIR | April 28, 2020 9:24 PM
Mumbai court rejects bail pleas of Wadhawan brothers in money laundering case