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Delhi Police arrests former Ranbaxy promoter Shivinder Singh

The EOW of Delhi Police is also on the lookout for former Ranbaxy CEO Malvinder Singh.

October 10, 2019 / 18:25 IST
According to the EOW, the accused colluded with the former promoters of Religare Enterprises, Malvinder Mohan Singh and Shivinder Mohan Singh. (Image: Reuters)

Former promoter of Ranbaxy Shivinder Singh and Religare ex-CMD Sunil Godhwani have been arrested by the Economic Offence Wing (EOW) of Delhi Police, according to news agency ANI.

The arrests have been made following a complaint by Religare Enterprises Limited, accusing them of diversion and misappropriation of funds worth Rs 740 crore.

The EOW is also on the lookout for former Ranbaxy CEO Malvinder Singh.

(To be updated)

Moneycontrol News
first published: Oct 10, 2019 06:11 pm

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