BIG BREAKING: Ranbaxy Singh Brothers Raided By Probe Agency Over Allegations Of Fraud

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Ranbaxy Singh Brothers Raided By Probe Agency Over Allegations Of Fraud

The Enforcement Directorate is carrying out searches at the homes of former promoters of pharmaceutical company Ranbaxy, Malvinder Mohan Singh and his brother Shivinder Mohan Singh, today.

In December, a criminal case was filed by Religare Finvest Limited with the Economic Offence Wing and the Delhi Police against both of them. The two were accused of fraud and misappropriation of funds to the tune of Rs. 740 crore.