ED arrests Kapil and Dheeraj Wadhawan in Yes Bank case© hindustantimes.com

ED arrests Kapil and Dheeraj Wadhawan in Yes Bank case

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The Enforcement Directorate on Thursday arrested Kapil and Dheeraj Wadhawan, promoters of Dewan Housing Finance Limited (DHFL) in the Yes Bank case. The two were produced in the PMLA court which sent them to custody for ten days.

On Tuesday, the Bombay High Court rejected the bail plea of the Wadhawans following which it is likely that the ED may seek custodial remand of the DHFL promoters in the Yes Bank case.

Wadhawans were arrested by the Central Bureau of Investigation (CBI) in the Yes Bank case on April 26 from Mahabaleshwar. Earlier in April, the DHFL promoters along with twenty one others were found violating lockdown rules and travelling from Khandala to Mahabaleshwar. They were were booked for violating lockdown and placed under institutional quarantine after which the CBI took them in custody on April 26.