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Was Forced To Buy 2 Cr MF Hussain Painting From Priyanka Gandhi: Yes Bank Promoter Rana Kapoor

According to the chargesheet filed by the agency in a special court in Mumbai, Kapoor informed ED that he was forced by the then petroleum minister Murli Deora to buy the painting.

Yes Bank promoter Rana Kapoor and Congress leader Priyanka Gandhi Vadra (File Photo)

New Delhi: Yes Bank promoter Rana Kapoor informed the Enforcement Directorate (ED) that he was ‘forced’ by a then Congress Union Minister to buy an MF Hussain painting from Priyanka Gandhi Vadra for Rs 2 crores, reported news agency ANI.

According to the chargesheet filed by the agency in a special court in Mumbai, Kapoor informed ED that he was forced by the then petroleum minister Murli Deora to buy the painting, and then Deora told the Yes Bank promoter that the sale proceeds were utilised for the treatment of party interim chief Sonia Gandhi in New York.

Murli Deora held the position of petroleum minister in Congress-led United Progressive Alliance government.

“The Congress leader also promised a Padma Bhushan award and more business to Kapoor in return for the purchase of the MF Hussain painting,” said the chargesheet filed by the agency.

The statements of Rana Kapoor are part of the second supplementary chargesheet (overall third) filed in the special court in Mumbai recently against the Yes Bank co-founder, his family, Dewan Housing Finance Limited (DHFL) promoters Kapil and Dheeraj Wadhawan, and others in a money laundering case.

ED is investigating a money laundering case against Rana Kapoor and his family members.

The banker is currently in judicial custody following his arrest in the case in March 2020.

A case has also been registered against Rana Kapoor for illegally giving a loan of Rs 1,900 crore to Gautam Thapar’s Avanta company.

The ED has alleged that a bribe of Rs 300 crore was paid to Kapoor for facilitating around Rs 1,900 crore loans from Yes Bank to Gautam Thapar’s company.

(With inputs from ANI and PTI)

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