Ex-Fortis Healthcare promoter Malvinder Singh arrested by ED
Image Credit: Shortpedia
The Enforcement Directorate today arrested ex-Fortis Healthcare promoter Malvinder Singh, ex-CMD of Religare Enterprises Ltd Sunil Godhwani in RFL case. Malvinder Singh and his brother Shivinder were accused of allegedly misappropriating funds of Religare Finvest Ltd (RFL), by the Delhi Police. As per the Police, an amount of about Rs 1,000 crore was transferred to various persons from the entities linked to corporate loan book.