Religare Finvest Case: Court Extends Shivinder’s Enforcement Directorate Custody Till Dec. 26
Additional Sessions Judge extended Singh’s custody by the ED after it sought his seven-day custodial interrogation.
A Delhi court on Thursday extended the Enforcement Directorate custody of former Fortis Healthcare promoter Shivinder Singh till Dec. 26 in a money laundering case related to alleged misappropriation of funds at Religare Finvest Ltd.
Additional Sessions Judge Sandeep Yadav extended Singh's custody by the ED after it sought his seven-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 chairman and managing director of Religare Enterprises Ltd. Sunil Godhwani (58), Kavi Arora (48) and Anil Saxena were arrested by the Economic Offences Wing of Delhi Police for allegedly diverting RFL's money and investing it in other companies.