Shivin­der says end­ing all ties af­ter Malvin­der cries as­sault

Mint ST - - NEWS - [email protected] NEW DELHI

Al­le­ga­tions ‘false’ and ‘shame­less at­tempt’ to cast doubts on ‘in­tegrity’, says Shivin­der

Two months af­ter Shivin­der Singh, the younger of the two war­ring broth­ers and for­mer pro­mot­ers of Fortis health­care Ltd, bro­kered a truce, he has de­cided to break all ties with his sib­ling once again. The de­ci­sion came af­ter Malvin­der Singh re­leased a video on Thurs­day al­leg­ing he was phys­i­cally as­saulted by Shivin­der Singh.

The al­le­ga­tions are “false” and a “shame­less at­tempt” to cast doubts on “his in­tegrity”, Shivin­der Singh said on Fri­day. “The lat­est in­ci­dent closes all op­tions for any pos­si­ble so­lu­tion to work to­gether.”

“The gulf be­tween our value sys­tems is clearly too wide. It has been clear to me for some time that Malvin­der and I can­not work to­gether. I apol­o­gize for these dis­trac­tions to our em­ploy­ees and cred­i­tors and re­main fo­cused on try­ing to find prag­matic solutions to ad­dress the group’s is­sues which are far larger than the two of us and need ur­gent so­lu­tion,” he said.

Shivin­der Singh claimed the in­ci­dent hap­pened on 5 De­cem­ber in their of­fice where he had gone for a sched­uled ex­tra­or­di­nary gen­eral body meet­ing (EGM).

On his ar­rival he learnt that Malvin­der and one of his rel­a­tives in­tim­i­dated an­other di­rec­tor at the EGM and tried to co­erce some em­ploy­ees into video-record­ing state­ments, he said. Shivin­der Singh said the di­rec­tor had left the on­go­ing board meet­ing and be­ing con­cerned about the well be­ing of em­ploy­ees, went to find out what was go­ing on.

“An­gered on see­ing me there Malvin­der at­tempted to forcibly re­strain me and pinned me to the wall chok­ing me. I tried to push him away in self-de­fence,” he said.

Shivin­der Singh said he had also lodged a po­lice com­plaint. How­ever, he with­drew the com­plaint af­ter the in­ter­ven­tion of the fam­ily. “If I was the ag­gres­sor, I won­der why he did not lodge a po­lice com­plaint in­stead of (in­dulging in) pub­lic gim­mickry, dis­play­ing a fake cast for an in­jury (that he) never had,” he said.

The feud took an ugly turn on Thurs­day with Malvin­der Singh al­leg­ing he was phys­i­cally as­saulted by his brother.

“Shivin­der Mohan Singh as­saulted me, he phys­i­cally hit me. He hurt me. He in­jured me. He broke the but­ton. He bruised me...kept threat­en­ing me and re­fused to budge un­til the team here came to­gether and sep­a­rated him from me,” Malvin­der Singh said in a video, show­ing his bruises. He said the in­ci­dent oc­curred on Wed­nes­day a lit­tle af­ter 6 pm at 55, Hanu­man Road, in New Delhi.

Mint video.

Malvin­der Singh said that his brother dis­rupted the board meet­ing of group com­pany Prius Real Es­tate Pvt. Ltd, which he claimed seeks about ₹2,000 crore from the Dhillon fam­ily, share­hold­ers in compa-

has seen the nies floated by the Singh broth­ers.

“Ap­prox­i­mately ₹3,000 crore have be­come due for pay­ment from Prius to the RHC Group. Then, the Dhillon fam­ily owes Prius Real Es­tate some ₹2,000 crore, which has be­come due. The meet­ing was held to re­cover the money from the Dhillon fam­ily, which would have flown to RHC and even­tu­ally Dai­ichi Sankyo and other lenders,” Malvin­der Singh said. He said that his brother be­came phys­i­cal and dis­rupted the meet­ing de­spite not be­ing a share­holder or an em­ployee of the group.

Malvin­der Singh in his state­ment on Fri­day said, “This sim­ply re­in­forces the fact that Shivin­der is not equipped to han­dle pro­fes­sional sit­u­a­tions but in­stead is a hin­drance in re­cov­er­ing dues owed to the group”.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.