The Special CBI Court on Saturday rejected bail applications of Yes Bank Founder Rana Kapoor’s wife Bindu Kapoor and their two daughters -Radha and Roshni Kapoor- for their prima facie involvement in the Rs. 4000 crores Yes Bank – DHFL quid pro quo Case of 2020.
The court has remanded them to judicial custody till September 23.
Special Judge SU Wadgoankar observed that prima facie they are involved in a grave and serious economic offence which caused a loss of around Rs.4000 crores of money that belongs to the public at large including poor bank depositors.
The court rejected their contentions that the trial won’t be completed in the future, they were women and that they wouldn’t tamper with evidence. Arguments that they were not arrested during investigation and chargesheet is already filed were also rejected.
“So the accused/applicants involved in grave offence affecting the economy of the country and continue to reap benefits of the crime committed by them don’t deserve any indulgence and any sympathy for them being women or mothers of small kids…”
According to the CBI, during 2018- 2019, Kapoor entered into a criminal conspiracy with Kapil and Dheeraj Wadhawan, promoters of Dewan Housing Finance Corporation Ltd for providing the latter’s companies financial assistance in lieu of “substantial undue benefit” to Kapoor and his family, through companies held by them.
The accused are booked for offences under sections 120-B r/w 409, 420, 468 and 471 of Indian Penal…