RFL case: ED arrests ex-Fortis Healthcare promoter Malvinder Singh

The Enforcement Directorate (ED) took both the accused in its custody inside the Tihar central jail here, where they are currently lodged in a case filed by the Delhi Police in relation to the alleged scam, a lawyer associated with the case said.

Malvinder Singh, Malvinder Singh Ranbaxy, Malvinder Singh Fortis, Malvinder Singh ED arrested, Indian Express news

Former Fortis Healthcare promoter Malvinder Singh. (Express file photo)

The ED on Thursday arrested former Fortis Healthcare promoter Malvinder Singh and former CMD of Religare Enterprises Ltd Sunil Godhwani in a money-laundering case related to alleged misappropriation of funds of Religare Finvest Ltd (RFL).

The Enforcement Directorate (ED) took both the accused in its custody inside the Tihar central jail here, where they are currently lodged in a case filed by the Delhi Police in relation to the alleged scam, a lawyer associated with the case said.

Both Singh and Godhwani will be produced before a metropolitan magistrate in the prison, when the ED is likely to seek their custodial interrogation.

Explained: The cases against Religare ex-promoters Malvinder Singh and Shivinder Singh

Singh and Godhwani are accused of laundering money, punishable under sections 3 and 4 of the Prevention of Money Laundering Act, the central agency said.