Shivinder Singh (PTI)Former Religare promoter Shivinder Singh and its former CMD Sunil Godhwani have been arrested by the Economic Offences Wing (EOW) of Delhi Police for alleged fraud to the tune of Rs 740 crore. The police also arrested Religare Finvest MD Kavi Arora and group CFO Anil Saxena. Sunil Godhwani Telegraph file pictureThe EOW is now on the lookout for Malvinder, who is reportedly in Ludhiana for medical treatment. A complaint was filed against Godhwani in the case of Religare Enterprises, which is under the scanner for alleged financial irregularities. Religare Enterprises and Religare Finvest had filed a complaint against him.

Source: The Telegraph October 10, 2019 19:52 UTC