Page 6 - Developers Pvt Ltd News Today

CBI, on April 30, had searched premises linked to ABIL Group.

The CBI today arrested Avinash Bhosale, chairman of Pune-based ABIL group that is into real estate, in an alleged corruption case involving Yes Bank founder Rana Kapoor and Kapil Wadhawan of DHFL, officials said.

According to the CBI FIR, the scam started taking shape between April and June 2018, when Yes Bank invested Rs 3,700 crore in short term debentures of scam-hit DHFL, , Avinash Bhosale, yes bank, dhfl

Yes Bank scam, Yes Bank-DHFL case, DHFL fraud case, ABIL group, Avinash Bhosale, CBI, Rana Kapoor,Kapil Wadhawan

The CBI on Saturday began searches at the premises of some prominent builders, including Ashwini Bhonsale, Shahid Balwa and Vinod Goenka, at eight locations in Mumbai and Pune in connection with the DHFL-Yes Bank corruption case, officials said.

The Central Bureau of Investigation (CBI) teams on Saturday carried out searches at eight locations in Mumbai and Pune at the premises linked to builders Shahid Balwa, Vinod Goenka and Pune businessman Avinash Bhosale, in connection with the Yes Bank and DHFL fraud case.

The CBI has raided the residence and office of prominent businessman Avinash Bhosale.

The central agency suspects that their companies were used to channel alleged illicit money in the loan case

The CBI began searches at the premises of some prominent builders, including Ashwini Bhonsale, Shahid Balwa and Vinod Goenka, at eight locations in Mumbai and Pune in connection with the DHFL-Yes Bank corruption case.

The central probe agency produced him before special judge S H Gwalani and sought his 14-day custody for further probe into the matter.