Rana Kapoor’s daughter can’t go to US, says special CBI court | India News – Times of India


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MUMBAI: Observing that her plea to meet her relatives is not essential or extraordinary grounds to go abroad at a time when she is facing trial in a case where she is accused of being among the beneficiaries of Rs 600 crore kickbacks along with her family, a special CBI court has rejected jailed Yes Bank founder Rana Kapoor’s daughter Roshini Kapoor’s petition to go to the US.
“Further investigation is on. The parameters to grant bail and to allow a person to go abroad are different. So, releasing her on bail itself is not sufficient to permit her to go abroad. No essential grounds are made out to permit the applicant to travel abroad. The application is to be rejected,” special judge S U Wadgaonkar said. Roshini was granted bail by the Supreme Court.
Kapoor, along with his wife Bindu and daughters Roshini and Radha Kapoor Khanna, is accused in a corruption and cheating case allegedly involving DHFL. They were arrested in 2021 and the women are out on bail. Kapoor has been in jail since his arrest in March 2020.
The CBI, in its probe, said Kapoor had received Rs 600 crore as kickbacks from Kapil Wadhawan through his daughters’ firm DOIT Urban Ventures. The Rs 600 crore was in lieu of a Rs 3,700-crore loan (debenture investment) Yes Bank, then headed by Kapoor, gave to DHFL group. DHFL had defaulted on repayment. The women were directors in DOIT. DHFL promoters Kapil and Dheeraj Wadhawan are in custody.
Roshini’s advocate submitted that she wished to visit her paternal aunt and cousins in New Jersey to re-establish family ties, especially in view of the fact that she could not attend her cousin’s wedding last year. According to him, re-establishing family ties is essential grounds to go abroad. He also said a lookout circular (LOC) had been issued against her at the CBI’s instance and the court could permit her to travel abroad by suspending the LOC. The lawyer further said Roshini would remain present for the trial.
The CBI, however, opposed her plea and submitted that though travelling abroad was a fundamental right, it was restricted. According to the agency, further investigation was on in the case. “The LOC against the accused is in existence. It is a matter of common experience that white collar offenders leave after taking permission to travel abroad and settle down in the foreign country. It is difficult to secure their presence,” it said.
Roshini is also accused in a related money laundering case being probed by the ED and has moved a similar plea before the special PMLA court which is pending.





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