Home >News >India >Religare case: Delhi HC sends Malvinder Singh to ED custody till Thursday
Malvinder Singh. (Mint)
Malvinder Singh. (Mint)

Religare case: Delhi HC sends Malvinder Singh to ED custody till Thursday

  • Advocate Ramesh Gupta, appearing for the respondents, alleged that ED was not honest in its investigation
  • The ED had arrested Singh and Godhwani on 14 November, following which their custody was extended twice

New Delhi: The Delhi high court on Wednesday sent former promoter of Fortis Healthcare Malvinder Singh and former managing director of Religare Enterprises Sunil Godhwani to Enforcement Directorate (ED) custody till Thursday in a case related to alleged misappropriation of funds of Religare Finvest Limited (RFL).

Advocate Ramesh Gupta, appearing for the respondents, alleged that the probe agency was not honest in its investigation. “They have searched and seized the documents. I have joined the investigation whenever they asked of me. They are not touching the baba (Gurinder Singh Dhillon) with whom 2,000 crore is already there. They just want my confession. They want to know where the money is parked. I have nothing to do with those companies," he had argued on Tuesday.

The government’s standing counsel Amit Mahajan said there were 22 companies where 2300 crore had been transferred, and the agency needed his custody to confront him with enormous document.

The ED had arrested Singh and Godhwani on 14 November, following which their custody with the ED was extended twice. On 23 November, a Saket court rejected the ED's plea for extension of custody and remanded the two to judicial custody till 7 December.

ED had moved the high court against the trial court’s order.

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.

Click here to read the Mint ePapermint is now on Telegram. Join mint channel in your Telegram and stay updated

Close
×
My Reads Redeem a Gift Card Logout