<p> The Enforcement Directorate on Friday raided the Mumbai residence of Yes Bank founder Rana Kapoor in connection with a money-laundering probe against him, officials said.</p>.<p>They said the raid is being carried out at his Samudra Mahal residence in the western metropolis.</p>.<p><strong><a href="https://www.deccanherald.com/business/yes-bank-live-updates-i-am-not-here-to-continue-carrying-the-stories-of-legacy-says-fm-nirmala-sitharaman-811048.html#1" target="_blank">Also follow full coverage of DH on Yes Bank</a></strong></p>.<p>The action is being conducted under the Prevention of Money Laundering Act (PMLA) and is aimed at collecting more evidence, the officials said.</p>.<p>The central agency is probing Kapoor's role in connection with the disbursal of a loan to a corporate entity and the subsequent alleged kickbacks that were reportedly received in his wife's accounts.</p>.<p>Some other alleged irregularities are also under the agency's scanner, they added. </p>
<p> The Enforcement Directorate on Friday raided the Mumbai residence of Yes Bank founder Rana Kapoor in connection with a money-laundering probe against him, officials said.</p>.<p>They said the raid is being carried out at his Samudra Mahal residence in the western metropolis.</p>.<p><strong><a href="https://www.deccanherald.com/business/yes-bank-live-updates-i-am-not-here-to-continue-carrying-the-stories-of-legacy-says-fm-nirmala-sitharaman-811048.html#1" target="_blank">Also follow full coverage of DH on Yes Bank</a></strong></p>.<p>The action is being conducted under the Prevention of Money Laundering Act (PMLA) and is aimed at collecting more evidence, the officials said.</p>.<p>The central agency is probing Kapoor's role in connection with the disbursal of a loan to a corporate entity and the subsequent alleged kickbacks that were reportedly received in his wife's accounts.</p>.<p>Some other alleged irregularities are also under the agency's scanner, they added. </p>