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Ranbaxy’s ex-promoter Shivinder Singh, two others arrested in fraud case by Delhi Police

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Ranbaxy's ex-promoter Shivinder Singh, two others arrested in fraud case by Delhi Police

Ranbaxy’s ex-promoter Shivinder Singh and Sunil Godhwani was arrested by Economic Offences Wing (EOW) of New Delhi Police on Thursday in fraud case, they are accused of cheating of ₹ 700 crore from Religare Enterprises Limited. Religare has accused them of diverting funds and misappropriation.

Both Shivinder Singh and Sunil Godhwani are former promoters of Religare Finvest.

More details awaited…

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