ED raids 17 sites in 2 states in Yes Bank loan fraud case

by | Jun 16, 2026 | Asia

The Enforcement Directorate (ED) has searched 17 locations linked to Suraksha Asset Reconstruction Company Ltd (SARCL) promoter Sudhir Valia and senior executives. The searches are part of a money laundering probe into alleged collusion between SARCL and Yes Bank’s former co-promoter Rana Kapoor, involving circular transactions and undervaluation of assets.

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Written by Albert Pham, News Curator and Blogger

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