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This is an archive article published on August 1, 2019

ED raids premises of former Ranbaxy group promoters Malvinder, Shivinder Singh

The action is being seen in the backdrop of charges of alleged financial irregularities against the two brothers and the subsequent downfall of their businesses.

ranbaxy, ranbaxy promoters raid, case against ranbaxy, Malvinder Mohan Singh, Shivinder Mohan Singh Former Ranbaxy promoters Malvinder and Shivinder Singh.

The ED on Thursday raided the premises linked to erstwhile Ranbaxy promoters, Malvinder Mohan Singh and Shivinder Mohan Singh, in connection with a money-laundering case, agency officials said.

They said the raids were conducted after the filing of a case under the Prevention of Money Laundering Act (PMLA).

The action is being seen in the backdrop of charges of alleged financial irregularities against the two brothers and the subsequent downfall of their businesses.

 

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