The Enforcement Directorate (ED) probing into the case of Yes Bank co-founder Rana Kapoor, has discovered investments worth over Rs 2,000 crore, 44 expensive paintings and a dozen alleged shell firms, reports Economic Times.

Kapoor was arrested earlier in the morning on Sunday (8 March) by ED in money laundering case connected to scam-hit Dewan Housing Finance Corporation Limited (DHFL).

Additionally, the ED has also discovered documents that shows the existence of assets of Kapoor family in London. As per reports, the officials are investigating the source of funding for purchase of these assets.

The Enforcement Directorate has previously discovered the existence of more than 20 shell companies set up by the now arrested YES bank co-founder Rana Kapoor and his family member which were allegedly used for receiving kickbacks and investing in properties illegally.

ED is also probing into a dummy company owned by Kapoor and two of his daughters by the name of Doit Urban Ventures which had allegedly received Rs 600 crore as kickbacks from DHFL in return for sanctioning of loans to the tune of Rs 4,450 crore from Yes Bank.

Additionally, the investigation also revealed that these companies allegedly invested in properties valued at Rs 2,000 crore, whose present market value may very well be above Rs 5,000 crore.

In their search, ED also discovered 44 expensive paintings purchased by the family, some of which were allegedly purchased from politicians.

Earlier, today various reports claimed that Rana Kapoor had purchased Priyanka Gandhi’s painting for a sum of 2 crore.

However, dismissing the air of confusion, Congress spokesperson Abhishek Manu Singhvi repotedly said Priyanka Gandhi Vadra had sold an M F Hussain painting of her father Rajiv Gandhi to Kapoor for Rs 2 crore, and the entire amount was disclosed in her income tax return of 2010.