Former Ranbaxy director Manjit Singh arrested for selling mortgage property

WION Web Team
New Delhi, Delhi, India Published: Oct 26, 2017, 01:39 AM(IST)

Former Ranbaxy director Manjit Singh was arrested by the Economic Offence Wing of the Delhi Police (Representative image) Photograph:( ANI )

Story highlights

He was remanded to 14-days judicial custody after being produced before the Patiala House court||The former Ranbaxy director signed a Rs 254 crore property deal with a mobile manufacturer and Chief Managing Director of Optiemus Infracom Ashok Gupta

Former director of the pharmaceutical firm Ranbaxy Manjit Singh was on Wednesday arrested by the The Economic Offence Wing of the Delhi Police for selling an expensive property which was mortgaged.

Manjit Singh was remanded to 14-days judicial custody after being produced before the Patiala House court.

The former Ranbaxy director signed a Rs 254 crore property deal with a mobile manufacturer and Chief Managing Director of Optiemus Infracom Ashok Gupta.

The property was located in Delhi's Prithviraj Road. 

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