The Enforcement Directorate conducted searches at the residence of Yes Bank founder Rana Kapoor. The searches were being carried out in connection with the PMLA case registered against DHFL for the investment of provident fund of Up Power Corporation. ED officials are also checking possible illegal diversion of funds in Rana Kapoor accounts and also his family members. Meanwhile, the ED has issued a look out notice against Rana Kapoor to prevent him from leaving the country. He is at his residence and his statement is being recorded by the probe agency.