May 27, 2022 In arrests, Bank-DHFL

Yes Bank-DHFL scam: CBI arrests Pune realtor and ABIL group chairman Avinash Bhosale

The CBI on Thursday arrested Avinash Bhosale, chairman of Pune-based real estate group ABIL group, in an alleged corruption case involving Yes Bank founder Rana Kapoor and Kapil Vadhawan of DHFL, officials said. The CBI suspects that illicit funds were routed through several real estate companies based in Maharashtra, they said. The agency had carried out searches at the premises of noted builders of the state on April 30 to further probe on this aspect of the case, they said. Premises of ABIL and Bhosale were also searched during the operation. The CBI had recently arrested Sanjay Chhabria of Radius Developers in the case.

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