Religare Requests ED To Expedite Probe Into Money Allegedly Siphoned Off By Erstwhile Promoters

Religare Requests ED To Expedite Probe Into Money Allegedly Siphoned Off By Erstwhile Promoters
Religare Requests ED To Expedite Probe Into Money Allegedly Siphoned Off By Erstwhile Promoters

New Delhi, Jan 6 (PTI): Religare Enterprises Ltd. on Saturday said it has requested Enforcement Directorate to expedite investigation into money allegedly siphoned off by erstwhile promoters.ED officials, on the basis of a complaint by the present management of Religare Finvest Ltd—a subsidiary of REL—and pursuant to the ongoing investigation with respect to corporate loan book, collected relevant information/documents on Jan. 5, to expedite the investigation as per request made by RFL…
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Source: https://www.ndtvprofit.com/amp/pti/religare-requests-ed-to-expedite-probe-into-money-allegedly-siphoned-off-by-erstwhile-promoters