- Rana Kapoor told ED that he was “forced” to buy a painting of MF Hossain from Priyanka Gandhi Bhadra
- The proceeds of the sale were used by the Gandhi family to treat Sonia Gandhi in New York
- Rana Kapoor’s statement is part of the second supplementary chargesheet filed in the special court
Rana Kapoor, co-founder of Yes Bank, told the Enforcement Directorate that he was “forced” to buy MF Hossain paintings from Congress’ Priyanka Gandhi Bhadra and that the proceeds from the sale were used by the Gandhi family to treat Congress President Sonia Gandhi. According to the chargesheet filed by the Federal Anti-Money Laundering Agency in a special court in New York.
Kapoor further told the ED that the then Petroleum Minister Murli Deora had told him that the refusal to buy MF Hossain paintings would not only prevent him from building a relationship with the Gandhi family but would also prevent him from receiving the Padma Bhushan award. .
Rana Kapoor’s statements are part of the second supplementary chargesheet (overall third) recently filed in a special court here against Yes Bank co-founder, his family, Dewan Housing Finance Limited (DHFL) promoters Kapil and Dhiraj Wadhwan and others. A money laundering case.
Mentioning that he had handed over a check for Rs 2 crore, Kapoor claimed that “Milind Deora (son of the late Murli Deora and former Congress MP) later secretly informed him that the proceeds of the sale were used by the Gandhi family for their treatment. Sonia Gandhi in New York”.
Read also: Rana Kapoor of Yes Bank, Wadhawans of DHFL smuggled Rs 5,050 crore: ED
Kapoor further told ED that Ahmed Patel, a close confidante of Sonia Gandhi, had told him that he (Kapoor) had done a good deed for the family by supporting the Gandhi family at the appropriate time for Sonia Gandhi’s treatment and that it would be duly considered for the Padma Bhushan award.
Murli Deora tried to convince Rana Kapoor that his refusal to buy the painting would not allow him to build a relationship with the Gandhi family.
According to the chargesheet, this will prevent him from getting the Padma Bhushan award.
The late Deora told Kapoor at the dinner that the failure to buy the painting could be an “adverse reaction” to her and Yes Bank, Kapoor claimed in a statement to the ED.
The banker is currently in judicial custody after being arrested in the case in March 2020.
“At first I would say that it was a forced sale for which I was never prepared,” the chargesheet said, adding that Kapoor’s painting was bought from Priyanka Gandhi Bhadra.
Milind Deora visited her (Rana Kapoor’s) home and office several times to persuade her to buy MF Hossain paintings from Priyanka Gandhi Bhadra.
“He even made several calls and messages to me from multiple mobile numbers. In fact, I was reluctant to enter into this agreement and I ignored his calls / messages and tried to avoid this agreement. Personal meeting,” Kapoor told ED, according to the chargesheet. .
“Despite my best efforts to avoid this deal, they were exceptionally adamant in finalizing the deal quickly,” Kapoor claimed.
He added that later, in 2010, Murali Deora forced him to meet her for a vegetarian meal (marwari dinner) at her Lodhi Estate bungalow in New Delhi.
He was the petroleum minister at the time and in that capacity he was allotted the bungalow, Kapoor said, according to the chargesheet.
“During the meeting, the late Murali Deora told me in no uncertain terms that any further delay in purchasing the above mentioned painting could adversely affect me and my Yes Bank and it could jeopardize my relationship with the Deora family,” Kapoor said. .
“Together, he tried to convince me that it would never allow me to form a relationship with the Gandhi family,” the banker added.
Further, in the statement, Kapoor claimed, “He (Murali Deora) further told me that any deviation on my part for not terminating the contract would definitely prevent me from getting the Padma Bhushan award for which he, I was highly deserving at the time.”
“Under this threat and against the wishes of my family, since we are not high-value art collectors, I could not invite any kind of animosity with the two strong families involved and I had to move forward without hesitation because of the involvement and excessive threats,” Kapoor said. According to the chargesheet.
Kapoor told ED that the closing ceremony was held at Priyanka Gandhi Bhadra’s office.
“Milind Deora actively coordinated this final concluding meeting. I would like to say that for this deal, I paid Rs 2 crore by check from my personal account at HSBC Bank,” he added.
Kapoor said that a few weeks after the deal, Milind Deora secretly informed him that the money from the sale had been used by the Gandhi family to treat Sonia Gandhi in New York.
“A few months later, when I (Kapoor) visited the residence of Ahmed Patel, a close confidante of Sonia Gandhi (the late), I was independently informed that Gandhi supported the Gandhi family at the appropriate time for Sonia’s treatment. Will be duly considered for ‘Padma Bhushan’, “the chargesheet said.
The Enforcement Directorate (ED) has alleged that Rana Kapoor and Dewan Housing Finance Limited (DHFL) promoters Kapil and Dhiraj Wadhwan stole funds worth Rs 5,050 crore through suspicious transactions.
The ED began its investigation after the ECIR was recorded on March 3, 2020, and after the investigation began, Rana Kapoor aggressively tried to prevent his foreign assets from being annexed by the ED under the PMLA, the chargesheet said.
The POC involved in this case is worth Rs 5,050 crore. Although Rana Kapoor is the founder of a company called DUVPL, his three daughters are 100 per cent shareholders.
Rana Kapoor is currently in judicial custody after being arrested in the case in March 2020. Wadhwan is also in jail custody after being arrested in another case.
Read also: Yes Bank founder Rana Kapoor granted bail in Rs 300 crore fraud case
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