Mumbai: A special court here on Monday remanded DHFL promoter Kapil Wadhawan and RKW Developers promoter Dheeraj Wadhawan to CBI custody till April 29 in connection with the Yes Bank scam, officials said.
The duo was arrested on Sunday from a Mahabaleshwar-based quarantine facility, nearly 50 days after they were booked in the case also involving Yes Bank CEO Rana Kapoor.
The Wadhawans were produced before a special court here which remanded them to Central Bureau of Investigation (CBI) custody till Wednesday, April 29, the officials said.
According to the CBI, Kapoor, 62, entered into a criminal conspiracy with Kapil Wadhawan for extending financial assistance to DHFL through Yes Bank in return for substantial undue benefits to himself and his family members through companies held by them.
Also read: Everything you need to know about the Yes Bank collapse, rescue and prospects
Nice
Is that not a very short time? Just two days, in actual practice. Perhaps, a straight custody for to WEEKS was called for. What can be ascertained by the CBI, or any investigators in a mere two days’ interrogation?