A few days ago, in a blog post I shared a report of what Gurinder Singh Dhillon, the guru of Radha Soami Satsang Beas who has been accused of financial fraud and death threats, said in a talk in Petaluma, California recently.
This is part of what I was told:
A woman asked at the end of her questions, "Will you pay for your nephews 5 million" (something like that, I don't have a reference for that and I may not have heard clearly.)
Baba Ji [the guru] said (as I heard it) "I have some money from my parents and have not taken anything else from anyone." Then he said my life is open (or something like that).
If Dhillon actually said that he has not taken any money from anyone but his parents, and I haven't seen anyone deny this who was at his Petaluma talk, then the RSSB guru lied to his devotees.
There's plenty of evidence to support this, as I shared in a comment where I replied to someone who said she believed what Dhillon said.
Nancy, to put it bluntly, Gurinder Singh Dhillon lied at the Petaluma bhandara. He definitely has gotten money from sources other than his parents. Lots of it. Here's some links that prove me right, and the RSSB guru wrong. You're very trusting. Also, gullible.
Here's part of the truth about how Dhillon got so much money.
If anyone needs more convincing that the RSSB guru lied, read this June 11, 2019 Medical Dialogues story
New Delhi: Bringing in a third party, the Delhi High Court has directed Radha Soami Satsang Beas (RSSB) chief Gurinder Singh Dhillon and his family along with other 56 entities to pay the recovery amount owed by Malvinder Mohan Singh and Shivinder Mohan Singh (Singh Brothers) to Japanese firm Daiichi Sankyo. According to a recent media report, the court has also ordered to recover the dues from ex Religare chief Sunil Godhwani and brother Sanjay Godhwani, besides, RSSB chief and the Dhillon family including wife Shabnam Dhillon, sons Gurkirat and Gurpreet and daughter-in-law Nayan Tara Dhillon.
The order comes following Malvinder Singh compliance that he can only reimburse $500 million (Rs 3472 crore) arbitration order against them, provided he can recover the money owed to him by RSSB chief and family. Medical Dialogues had earlier reported that the long dispute between the former Fortis Healthcare Ltd promoters, Malvinder Singh and Shivinder Singh had turned dramatic with allegations one after the other. Elder brother Malvinder Singh had alleged that parts of the proceeds from the stake sale in Ranbaxy Laboratories Ltd were used by the spiritual head of Radha Soami Satsang Beas, Gurinder Singh Dhillon to purchase real estate.
The court is reportedly issuing ‘garnishee orders’ against several Dhillon and RSSB associates’ companies, including Prius Real Estate, Addon Realty, Payne Realtors SGGD Projects, Luminous Holding. A garnishee order is an order against a third party to recover money to settle a debt or dues. Garnishee order prevents these entities from alienating any assets. The dues will now be paid to Delhi high court instead of Singh brothers and their entities to whom it is owed.
With the present order issued on June 10, the court has increased the scope of people from whom the money owed by Singh brothers to Daiichi can be recovered to honour the arbitration award.
According to a report in Business Today, Daiichi has enforced an arbitration order in Singapore that directed the Singh brothers to shell out Daiichi $500 million towards alleged non-disclosure of crucial information during the sale of Ranbaxy Laboratories to Daiichi in 2008.
The flow of money from Singh brothers to entities were owned and controlled by RSSB chief, his family and associates. RoC filings and terms sheets say in a span of four years, Rs 1107.5 crore from the Rs 9,576 crore sale proceeds of Ranbaxy to Daiichi Sankyo was paid through RHC group firms RHC Holding Private Limited, Oscar Investment Limited, RHC Finance Private Limited and FHL into two group entities ANR Securities Private Limited and Ranchem Private Limited.
Afterwards, this money was transferred to Prius Real Estate Private Limited controlled by Dhillon family associates and RSSB functionaries through optionally convertible debentures (OCD). The money invested in other Prius group entities called Prius Commercial, Payne Realtors, SVIIT Software and Sharan Hospitality whose preference shares worth Rs 875.53 crore were subscribed to by Prius Real Estate. Both the OCDs and preference shares were to be redeemed between August-November, 2018 at a hefty premium, reports Business Today.
Radha Soami Satsang Beas (RSSB) is an organization dedicated to a process of inner development under the guidance of a spiritual teacher.