[YES Bank scam] Huge loss of public fund should be viewed seriously: Bombay High Court refuses to grant bail to YES Bank founder Rana Kapoor

The Court observed that Kapoor's alleged misuse of his position as MD and CEO of Yes Bank, which led to a huge loss of public funds for financial gain, should be viewed seriously.
Yes Bank, Rana Kapoor
Yes Bank, Rana Kapoor

The Bombay High Court recently declined to grant Yes Bank Managing Director and CEO Rana Kapoor bail in the Yes Bank scam case, observing that the huge loss of public funds, allegedly on account of the criminal activities of his companies, is required to be viewed seriously (Rana Kapoor v. Enforcement Directorate),

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