[Yes Bank scam] Mumbai court rejects Gautam Thapar bail plea
Thapar was accused of conspiring with Yes Bank founder Rana Kapoor for the purpose of cheating and diverting sale proceeds of the property for ever-greening of other outstanding loans.
A Mumbai court on Tuesday refused to grant bail to Gautam Thapar, non-executive Chairman of Avantha Realty which is embroiled in the Yes Bank scam [Gautam Thapar v. CBI].