The Enforcement Directorate officials collected documents from Religare Finvest’s (RFL) offices in an ongoing investigation in the alleged Rs 2,000-crore money laundering case.
The information and documents were collected on Friday based on a recent request by RFL to expedite the investigation, RFL, a wholly-owned subsidiary of Religare Enterprises (REL), said in a regulatory update.
Additional details were not immediately disclosed.
The investigation, which is based on a complaint made by the present management of RFL, is against former promoters of RFL — Malvinder Mohan Singh and Shivinder Mohan Singh — and their associates. Earlier, RFL said it had commissioned a forensic audit to trace assets and money trail.
REL is currently facing a boardroom battle with the directors opposing a takeover bid by the Burman family, owners of Dabur India.
On its part, the Burman family had accused REL executive chairperson Rashmi Saluja of insider trading by selling shares of the company immediately before the announcement of their open offer on September 25.