The Congress has painted the controversial Rs 2 crore Priyanka Gandhi-Rana Kapoor transaction with a different brush, saying the painting belonged to MF Hussain and that Priyanka Gandhi only inherited it from her father.
Bengaluru: As the Yes Bank crisis deepens, more skeletons continue to tumble out of the closet.
By now, most of you might be aware that the bank founder Rana Kapoor, who is being investigated in relation to the crisis, is close to the Gandhi family.
It should also be noted that he purchased a painting from Priyanka Gandhi for a whopping Rs 2 crore.
But the twist in the tale is how the Congress hasn’t denied it, but decided to throw its weight behind Priyanka Gandhi.
A Congress spokesperson said in this regard, “So what if Priyanka Gandhi sold the painting to Rana Kapoor. When you’re selling something, you don’t look at the identity of the buyer. Had PM Modi wanted to buy the painting he could have done so.”
That’s not the only take the Congress has. The grand old party has now given new colours to the entire incident. It said that the painting wasn’t done by Priyanka Gandhi but by MF Hussain. Its members add that Hussain had gifted it former Prime Minister and Priyanka Gandhi’s father Rajiv Gandhi.
Priyanka Gandhi, by the virtue of being a daughter, inherited it from her father, which she decided to sell.
It is also to be noted that sources add that she had disclosed the income while she filed her returns in the year 2010.
The central probe agency that began action against the banker by raiding his upscale residence in south Mumbai on Friday is primarily investigating Kapoor, his wife and three daughters over a Rs 600 crore fund received by a firm allegedly 'controlled' by them from an entity linked to the scam-hit Dewan Housing Finance Limited (DHFL).
The Kapoor's linked firm, DoIT Urban Ventures (India) Pvt Ltd, is alleged to have received the funds when Yes Bank had an exposure of more than Rs 3,000 crore loans to DHFL, already being probed for purported financial irregularities and diversion of funds.
Kapoor, 62, was arrested at the ED office in Ballard Estate in Mumbai under the Prevention of Money Laundering Act (PMLA) after over 30 hours of questioning.
Meanwhile, the ED is also recording the statement of Kapoor's wife and daughters.
The arrest of Kapoor, former MD and CEO of Yes Bank, came after charges of alleged financial irregularities and mismanagement in its operations surfaced and the RBI and Union government initiated action to control its affairs.
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Last Updated Mar 9, 2020, 2:18 PM IST