Yes Bank-DHFL fraud case: ED notice to Pune businessman to vacate house

Gallery

MORE...

Sports

Freya Deshmane wins gold in first Winter Horse Show organised by Amateur Riders’ Club

Freya Deshmane riding on Reinroe Adare Acrobat claimed the top spot and clinched the gold

Salah sets Premier League record in Liverpool's draw at Newcastle

India Open Competition in Shotgun begins in Jaipur, paving way for Nationals' qualification

Hockey India names Amir Ali-led 20-man team for Junior Asia Cup

Harmanpreet Singh named FIH Player of the Year, PR Sreejesh gets best goalkeeper award

World Boxing medallist Gaurav Bidhuri to flag off 'Delhi Against Drugs' movement on Nov 17

MORE...

Yes Bank-DHFL fraud case: ED notice to Pune businessman to vacate house

Last Updated : 02 Jun 2022 12:37:30 PM IST

Yes Bank-DHFL fraud case: ED notice to Pune businessman to vacate house

The Enforcement Directorate has issued a notice to businessman Avinash Bhosale, who was recently arrested by the Central Bureau of Investigation (CBI) in connection with a money laundering case.

The 61-year-old businessman has been directed to vacate his Pune-based residential property.

Last year, the probe agency had attached it last year but Bhosale refused to leave.

Bhosale was arrested on May 26 in connection with an alleged corruption case pertaining to Yes Bank and Dewan Housing Finance Corporation Limited (DHFL). He was sent to CBI's custody till June 8.

After arrest, Bhosale was taken to Delhi for further interrogation.

He has been accused of routing ill-gotten money through his Maharashtra-based real estate companies.

In 2018, Bhosale had received around Rs 68.82 crore from DHFL and called it consultancy charges. The probe agency has claimed that Bhosale didn't provide any consultancy service to DHFL and the money received by him was nothing but an alleged proceed of crime.

IANS

Pune