The Enforcement Directorate questioned Yes Bank founder Rana Kapoor for the second day on Saturday in connection with a money laundering probe against him and others and raided some more locations in Delhi and Mumbai, officials said.
He has been questioned for over seven hours and his statementrecorded by the agency under the Prevention of Money Laundering Act (PMLA), theofficials said.
The questioning of Kapoor is continuing, the officials said.
The case against Kapoor is linked to the scam-hit DewanHousing Finance Corporation (DHFL) as the loans given by the bank to thecompany allegedly turned non-performing assets (NPAs), they said.
A Rs 600-crore worth loan extended by the DHFL to an entity is also at the centre of the ED probe, they added. Action against Kapoor is being conducted under the PMLA.