Enforcement Directorate takes Yes Bank founder Rana Kapoor to office for questioning
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Yes Bank founder Rana Kapoor was taken to Enforcement Directorate (ED) office for questioning on Saturday. The agency earlier conducted raids at Kapoor's residence located at 'Samudra Mahal' residential tower in Mumbai on Friday and registered a case under the Prevention of Money Laundering Act (PMLA) against him. RBI imposed a moratorium on Yes Bank yesterday due to the inability of the bank to raise capital.