Fortis fraud may exceed $280m, says India's fraud investigation office

Fortis fraud may exceed $280m, says India's fraud investigation office

Malvinder Singh, left, and Shivinder Singh in 2013. Photo: Bloomberg

The alleged funds diversion at Fortis Healthcare Ltd could add up to more than ₹2,000 crore, according to the trail of funds uncovered by the Serious Fraud Investigation Office (SFIO), a government official said.

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