Shivinder mohan singh biography sample

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    The Malvinder, Shivinder Singh story: Why the brothers, once billionaires, are in the dock

    Brothers Malvinder and Shivinder Singh, once successful businessmen who were on Forbes' list of billionaires, are now staring at the prospect of spending at least the next few days in jail.

    Malvinder and Shivinder Singh were arrested by the Delhi Police's Economic Offenses Wing Thursday evening.

    Shivinder mohan singh biography sample

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    • The brothers were arrested for allegedly diverting money and causing losses to the tune of Rs 2, crore.

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    At the heart of the allegations over which the Singh brothers have been arrested is a company that was once led by Malvinder and Shivinder -- Religare Enterprises Limited (REL).

    Malvinder and Shivinder have been accused of diverting the money of Religare Finvest Limited (RFL), an REL subsidiary.

    The broad allegations are that Malvinder and Shivinder, along with other officials of REL, took loans in the name of RFL and diverted the money to other companies.

    This, RFL alleges, caus