Singh brothers said Rs 1k cr siphoned off in RFL case

The economic offences wing (EOW) of Delhi Police told a court here on Tuesday that Fortis Healthcare's former promoters Malvinder Singh and his brother Shivinder, arrested for allegedly misappropriating funds of Religare Finvest Ltd (RFL), have disclosed that an amount of about Rs 1,000 crore has been transferred to various persons from the entities linked to corporate loan book which was then allegedly siphoned off.

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