Businessman Rana Kapoor has got a relief on Friday from the Delhi High Court in the money laundering case filed against him. Justice Sudhir Kumar Jain has granted bail to Yes Bank co-founder in connection with the alleged case of criminal conspiracy and misappropriation of funds. Kapoor was booked in a case wherein suspicious transactions were alleged between him and the Avantha Group founder Gautam Thapar.

The Kapoors have allegedly bought a bungalow on Amrita Shergill Marg. It has been alleged that the said property is a bribe to the Yes Bank co-founder by Thapar in exchange of the non-realization of over Rs 1,900 crore in loans from Yes Bank to the Avantha Group.

(Order copy awaited)