Yes Bank co-founder Rana Kapoor gets bail in bank fraud case; to walk out of jail after four years
Mumbai, Apr 19: A special court here on Friday granted bail to Yes Bank co-founder Rana Kapoor in the Rs 466.51 crore bank fraud case, paving the way for him to walk out of jail after four years.
The Enforcement Directorate (ED) arrested Kapoor in March 2020 in a money laundering case, and he has been booked in eight cases related to fraud at the bank.
The banker has now secured bail in all the cases.
Kapoor's lawyer Rahul Agarwal said they were trying to complete the bail formalities to facilitate his release as early as possible.
The court has granted bail to Kapoor in the CBI's case against him and Avantha Group promoter Gautam Thapar for allegedly indulging in criminal conspiracy, criminal breach of trust, cheating and forgery for diversion of public money to the tune of Rs 466.51 crore.
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BJP will form govt in Bengal with thumping majority: Nabin
Mirzapur (UP) (PTI): BJP president Nitin Nabin on Wednesday voiced confidence that his party will form the government in West Bengal with a "thumping majority".
Polling is underway for 142 constituencies in the second and final phase of the West Bengal assembly elections, covering key districts, including Kolkata, Howrah and North and South 24 Parganas.
The high-stakes contest is being seen as decisive for the ruling TMC's bid for a fourth consecutive term and the BJP's push to form its first government in the state. The first phase held on April 23 recorded a high voter turnout of over 93 per cent, reflecting intense electoral engagement.
Speaking to reporters in Mirzapur, Nabin said, "The BJP will form the government in Bengal. We are winning the elections with a massive majority."
Earlier in the day, the BJP chief visited the Vindhyavasini temple and offered prayers. The rituals were conducted by his priest Acharya Agastya Kumar Dwivedi.
On his first visit to the district after assuming office, Nabin was welcomed by party workers at several places. At the temple, he was received by city MLA Ratnakar Mishra and District Magistrate Pawan Kumar Gangwar, who felicitated him with a traditional 'angvastram'.
After offering prayers for about 10 minutes amid Vedic chants, Nabin held a meeting at a hotel with local MLAs, including Mishra, Majhwan MLA Suchismita Maurya and Madihan MLA Ramashankar Patel.
Patel said Nabin emphasised strengthening the organisation and asked public representatives to focus on serving people in their respective constituencies.
Several party leaders, including district president Lal Bahadur Saroj, district vice-president Gaurav Umar, municipal chairperson Shyam Sundar Kesari, women workers and senior officials, were present on the occasion.
Elaborate security arrangements were put in place by the district administration for the visit, with multiple officers of circle officer rank deployed, officials said.
