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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.

Moneycontrol News
October 10, 2019 / 18:25 IST
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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.

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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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