Malvinder Singh, Godhwani sent to ED custody by Delhi court

New Delhi: A Delhi court on Friday sent former Fortis Healthcare promoter Malvinder Singh and former CMD of Religare Enterprises Ltd Sunil Godhwani to the ED's custody till November 18 for allegedly misappropriating funds of Religare Finvest Ltd (RFL).

ED Special Public Prosecutor Nitesh Rana sought 14-day custody of Singh and Godhwani.

However, the court directed the agency to produce them before the court concerned on Monday.

Both Singh and Godhwani are accused of laundering money, punishable under sections 3 and 4 of the Prevention of Money Laundering Act, the ED said.