Religare goes to police against Singh brothers over â¹740 cr fraud
Religare Finvest, a subsidiary of Religare Enterprises, has filed a criminal complaint with Delhi Police against Malvinder Singh, Shivinder Singh and their associates for allegedly siphoning and misappropriating â¹740 crore. Religare Enterprises was controlled by the brothers until February 2018. Provisions against the alleged fraud have already been made by Religare Finvest, its parent said.