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Tuesday, December 24, 2024 | 07:52 PM ISTEN Hindi

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Letter to BS: Fortis initiates recovery of funds from Singh brothers

The many forensic audits, commissioned by the various authorities, must look into the possibility of mischief in alleging all the wrongdoings by them

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Apropos “Fortis Healthcare initiates recovery of funds from Singh brothers” (June 28), the speed at which new findings are tumbling out every day, I wonder if the Singh brothers are really guilty of all these serious defaults or someone — perhaps a potential buyer — is deliberately planting stories to disgrace them. Such practices are not unknown globally; criminal defaults are planted through collusion with employees/former employees that create serious difficulties for promoters, bring down the price of what they are trying to sell and thus benefit potential buyers.

The Singh brothers have a glorious pedigree. It is hard to believe

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