Former Ranbaxy promoters fined Rs 3,500 crore, not Rs 2,562 crore: Daiichi

Zee Media Bureau

New Delhi: Just a day after new about former Ranbaxy promoters Malvinder Singh and Shivinder Mohan Singh getting fined in tune of Rs 2,562 crore by an arbitration court in Singapore as a punishment for hiding facts from the buyers Daiichi Sankyo, the Japanese company has claimed that the fine amount is about Rs 3,500 crore.

As per a statement released by the company, the amount includes costs such as lawyer's fee, litigation costs and others. The company alleges that Singh brothers put forward the cost minus all these expenses.