BH CORRESPONDENT, Mumbai: Yes Bank founder Rana Kapoor has applied for bail on the grounds that if he stays in jail, he may contract the novel coronavirus.
In the plea filed through his lawyer Subash Jadhav, Kapoor claimed he was suffering a chronic immunodeficiency syndrome, which causes recurrent lung, sinus and skin infections.
The 62-year-old banker also claimed to be suffering from severe hypertension, anxiety and depression for the last 18 months, which is in large part being treated in his presence of his family. This, combined with bronchial asthma since childhood, which still requires inhalers, puts him at high risk of a severe lung infection which can lead to death, the bail plea said.
“It is submitted that the aforesaid disease requires the applicant to consume carefully monitored and home cooked food in order to combat and control the said disease. The applicant is also required to stay at home,” the plea said.
Kapoor has been lodged in Navi Mumbai’s Taloja Jail in connection with the money laundering case being probed by the Enforcement Directorate. He was earlier under custody of the financial probe agency before being sent to jail.
On March 6, crisis came calling for the Yes Bank account holders when the Reserve Bank of India imposed a withdrawal limit of Rs 50,000 till April 3. RBI has imposed a moratorium on capital-starved Yes Bank. The decision came after the private bank, which was founded in 2004 in India, failed to raise capital to address potential loan losses.