Court extends Shivinder's ED custody till Dec 26 in RFL money-laundering case

Written by Medical Dialogues Bureau Published On 2019-12-20T15:50:39+05:30 | Updated On 20 Dec 2019 3:50 PM IST

Court extends Shivinders ED custody till Dec 26 in RFL money-laundering case

New Delhi: A Delhi court Thursday extended the ED custody of former Fortis Healthcare promoter Shivinder Singh till December 26 in a money laundering case related to alleged misappropriation of funds at Religare Finvest Ltd (RFL). Additional Sessions Judge Sandeep Yadav extended Singh's custody by the Enforcement Directorate after it sought his 7-day custodial interrogation.

The probe agency sought seven day's remand of Singh saying he needed to be confronted with some shell companies' directors who have been summoned by the probe agency.

Singh's brother Malvinder (46), also a former Fortis Healthcare promoter, former CMD of Religare Enterprises Ltd (REL) Sunil Godhwani (58), Kavi Arora (48) and Anil Saxena were arrested by the Economic Offences Wing (EOW) of Delhi Police for allegedly diverting RFL's money and investing it in other companies.

Medical Dialogues Bureau

Medical Dialogues Bureau consists of a team of passionate medical/scientific writers, led by doctors and healthcare researchers. Our team efforts to bring you updated and timely news about the important happenings of the medical and healthcare sector. Our editorial team can be reached at editorial@medicaldialogues.in.