Below are two stories in the Indian financial press relating to the criminal complaint filed in February 2019 by Malvinder Singh against his cousin, Gurinder Singh Dhillon, the guru of Radha Soami Satsang Beas. (A Bloomberg story said that an investigation had been opened.)
Malvinder's lawyer requested that the Delhi Police's Economic Offences Wing provide a report on what actions have been taken on the complaint. A court has ordered that this happen by December 12.
I've been wondering about the status of the complaint, since the High Court of Delhi has ordered Dhillon and his family to repay money owed to the Singh brothers and companies once controlled by them. That's a non-criminal order related to money that reportedly went into the pockets of the Dhillon family through shell companies once directed by themselves and their close associates.
But unanswered so far is this question: Was Gurinder Singh Dhillon involved in a criminal conspiracy to obtain funds siphoned from public companies?
Some commenters on this blog have theorized that because Dhillon is a well-known religious leader with millions of followers, and has friends in high places, there's a potential of a cover-up by Indian authorities of his role in this financial scandal involving large amounts of money.
Hopefully that isn't the reason for the lack of observable progresss on Malvinder's criminal complaint.
Since India wants to be a welcoming place for foreign investment, it wouldn't look good if a guru was let off the hook by Indian authorities for bad reasons -- the only good reason being that after a thorough investigation, there wasn't evidence that the RSSB guru and his family did anything wrong.
Here's a Business Today story on this subject.
Delhi's Patiala House court has sought details from Delhi Police about the action taken on complaint by former Ranbaxy promoter Malvinder Singh against brother and co-promoter Shivinder Singh, Radha Soami Satsang Beas (RSSB) chief Gurinder Singh Dhillon, former Religare Chairman Sunil Godhwani, and others.
In February this year, Malvinder had filed a complaint in his personal capacity with Delhi Police's Economic Offences Wing claiming that his brother and other accused had colluded to cheat him. Chief Metropolitan Magistrate Purshottam Pathak has instructed the police to file the action taken report by December 12, the next date for hearing.
Malvinder had named Shivinder, Dhillon, his wife Shabnam Dhillon, sons Gurpreet and Gurkirat, daughter in-law Nayantara Dhillon, Sunil Godhwani and his brother Sanjay Godhwani, and others in his complaint. He had blamed the accused of wrongly taking control and misappropriating funds of RHC Holding Pvt Ltd, the holding company of the Religare group.
In his complaint, Malvinder had blamed Shivinder of siphoning off funds "with the ulterior motive of gaining ultimate control of the seat of spiritual head of the RSSB which has been promised to him by Dhillon in lieu of this financial gain to himself".
Malvinder had also stated that Shivinder had "unilaterally signed a purported "family settlement" with Dhillon agreeing to absolve him of all wrongdoing whatsoever and agreeing that no liabilities or legal proceedings or criminality would be attributable to Dhillon". He further said that Dhillon had been "threatening him from time to time to sign the same settlement".
Malvinder and Sunil Godhwani are presently in the custody of Enforcement Directorate for interrogation in a money laundering case lodged by the agency in relation to the alleged misappropriation of funds of Religare Finvest Ltd (RFL). He will remain in ED custody till November 23.
A Delhi court today sought an action taken report from the Economic offences wing (EoW) of the Delhi police on a complaint filed by former promoter of Ranbaxy Malvinder Singh against Gurinder Singh Dhillon, the head of Radha Soami Satsang Beas (RSSB). Malvinder had in February filed a complaint in EoW against Dhillon among others for allegedly siphoning off proceeds from the sale of Ranbaxy Laboratories Ltd.
Malvinder’s lawyer Manu Sharma today approached the court with a plea that there has been no headway in the case filed in February. “So far no action has been taken by the police on the case, in an effort to shield this man. We approached the court today with a grievance that there has been no headway in the case so far. The court has sought action taken report form the police,” Sharma told ET. Chief Metropolitan Magistrate Purshottam Pathak has asked the police to file an action taken report by December 12, which is the next date of hearing.
Singh, in his case had also accused his brother Shivinder, the family members of Dhillon including his wife Shabnam Dhillon, his sons Gurpreet and Gurkirat and daughter-in-law Nayan Tara Dhillon and his former associates Sunil and Sanjay Godhwani of conspiring to misappropriate the funds of RHC Holding Pvt Ltd, the company that owned assets of the group and has sought ₹8,742 crore from the accused in compensation.
In his complaint has had said that Singh repeatedly reached out to Babaji, as Dhillon is called, to “resolve" financial matters.
He had mentioned that both brothers had given financial advances to the guru--directly to his entities and family and were invested at his directions.
Malvinder Singh has said in his complaint that his younger brother Shivinder permitted the “siphoning" off of funds with the “motive of gaining ultimate control of the seat of spiritual head of the RSSB" which has been promised to him by Dhillon in lieu of financial gain to himself.
Malvinder is in the custody of ED following a money laundering case related to alleged misappropriation of funds of Religare Finvest.