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Yes Bank’s Rana Kapoor tells ED that he was forced to buy MF Husain painting from Priyanka Gandhi

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Kapoor, who is accused of money laundering, has also named former Union minister Murli Deora and Congress leader Ahmed Patel in his statement.
Yes Bank co-founder Rana Kapoor on Sunday told the Enforcement Directorate that he was forced to buy an MF Husain painting from Congress leader Priyanka Gandhi Vadra, PTI reported. The Enforcement Directorate had arrested Kapoor on March 8, 2020, for allegedly conspiring with Dewan Housing Finance Limited promoters and siphoning off funds worth Rs 5,050 crore from Yes Bank through “suspicious transactions”. Kapoor, who is currently in judicial custody, told the central agency that the sale proceeds from the painting were used by the Gandhi family to pay for Congress chief Sonia Gandhi’s medical treatement in New York, according to PTI. Milind Deora, former Congress MP and son of Murli Deora, had told him this information confidentially, Kapoor claimed. The statements are part of a supplementary chargesheet filed by the Enforcement Directorate in a special court in Mumbai. Murli Deora, a former Union minister who died in 2014, had allegedly told Kapoor that he could not build a relationship with the Gandhi family if he refused to buy the painting. Deora had said that his refusal would so also ruin his chances of being awarded a Padma Bhushan, the third-highest civilian honour in India, according to the chargesheet.

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