Rana Kapoor was forced to buy painting from Gandhis,report

Yes Bank co-founder Rana Kapoor was reportedly "forced" to buy an M F Husain painting from Congress's Priyanka Gandhi Vadra and the sale proceeds were utilised by the Gandhi family for the medical treatment of Congress president Sonia Gandhi in New York, as per the chargesheet filed by the federal anti-money laundering agency ED in a special court in Mumbai. Kapoor also told the ED that he was told by the then petroleum minister Murli Deora that the refusal to buy the M F Husain painting will not only prevent him from building a relationship with the Gandhi family but also prevent him from getting the 'Padma Bhushan' award. He had paid a cheque of Rs 2 crore for paintings.

As per media report, Kapoor also told the ED that Ahmed Patel, a close confidante of Sonia Gandhi, had told him that by supporting the Gandhi family at an opportune time for medical treatment of Sonia Gandhi, I (Kapoor) had performed a good deed for the family and it would be duly considered for the 'Padma Bhushan' award. Murli Deora had tried to convince Rana Kapoor that the refusal to purchase the painting will also not permit him ever to build a relationship with the Gandhi family. It will also prevent him from getting the 'Padma Bhushan award, as per the chargesheet. The late Deora had told Kapoor at dinner that the failure to purchase the painting could have "adverse repercussions" on him and Yes Bank, Kapoor has claimed in his statement to the ED. The banker is currently in judicial custody following his arrest in the case in March 2020. The Enforcement Directorate has alleged that Kapoor and Dewan Housing Finance Limited (DHFL) promoters Kapil and Dheeraj Wadhawan siphoned off funds worth Rs 5,050 crore through suspicious transactions.