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DHFL Wadhawans skip ED summons, cite COVID-19 as reason

DHFL Wadhawans skip ED summons, cite COVID-19 as reason

Wednesday, March 18, 2020, 11:18 AM

Failing to appear despited being repeatedly summoned by the ED in a money-laundering-case against Yes-Bank cofounder Rana Kapoor, DHFL; Kapil Wadhawan, promoter of the beleaguered Mumbai-based NBFC has cited COVID-19 pandemic as the reason behind being unable to join the investigation. "Further, the current environment of the COVID-19 virus pandemic it is a government directive to curtail travel," the reply reviewed by ET read.
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