Yes Bank suffered a loss of over Rs 2,700 crore due to the “unilateral decision” of its co-founder Rana Kapoor to invest in the Anil Ambani-led financial companies, said the CBI’s charge sheet in a case pertaining to alleged fraudulent transactions between the bank and the industrialist’s group entities.
The Central Bureau of Investigation (CBI) last month filed a charge sheet against 13 people and entities, including Anil Ambani , Rana Kapoor and his family members, alleging criminal conspiracy, cheating and corruption related to loans and investments.
The Federal probe agency’s document said that further investigation was on regarding the role of Anil Ambani’s son Anmol Ambani, the then executive director of Reliance Capital , in the case.
Rs 5,010 crore invested in Anil Ambani

Financial Express

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