A Delhi court on Saturday extended the judicial custody of former Fortis Healthcare promoter Malvinder Singh and former CMD of Religare Enterprises Limited, Sunil Godhwani, for another 14 days in a case related to alleged misappropriation of funds at Religare Finvest Limited (RFL).
The duo were presented before Special Judge of Saket district court, Sandeep Yadav, on expiry of his earlier judicial custody.
The agency had arrested Malvinder Singh and Sunil Godhwani on November 14 in connection with a money laundering case.
According to the economic offences watchdog, both the accused, along with others, transferred an amount of approximately Rs 1,000 crore to various persons from the entities linked to a corporate loan book and finally it was siphoned off.
The ED had started its investigation in the matter on the basis of a case lodged by the Delhi Police.
Conman Sukesh Chandrashekhar Arrested In Fresh Money Laundering Case Supreme Court Agrees To Hear Ex Fortis Promoter Malvinder Mohan Singh's Bail Plea From "Congress-Mukt" To "Congress-Yukt": AAP's Swipe At BJP Nurse Raped, Killed On Way Home, Body Found 9 Days Later In UP "Don't Expect Anything From Me": Kolkata Hospital's New Principal Loses Cool This US City Has Been Declared America's Least Desirable, Survey Finds Trump To Hold Press Conference, His Campaign Adds Senior Advisers Left, BJP, Creating Unrest: Mamata Banerjee On Midnight Attack At Hospital 'Don't Club Us With Others,' Says Manipur's Thadou Tribe, Waits For Peace Plan Track Latest News Live on NDTV.com and get news updates from India and around the world.