Radha Soami Satsang Beas

Thanks to commenters on this blog who shared links to these stories, here's additional reporting in the Indian financial press about the financial fraud saga involving the Singh brothers and their cousin, Gurinder Singh Dhillon, the guru of Radha Soami Satsang Beas (RSSB). Neither story appears to be good news for Dhillon and his family. They've been ordered to submit income tax returns, bank statements, and balance sheets related to financial transactions that, according to the High Court of Delhi, concern money owed to Malvinder Singh and public companies once controlled by him. This seems to show that authorities view…

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…

This is a follow-up to yesterday's blog post, "Here's an example of Dhillon family connections to shell companies." Someone just sent me a PDF file of an analyst's 2014 report on a company owned by Shabnam Dhillon, the wife of the guru of Radha Soami Satsang Beas. Download SGGD-Projects-Development-PPMLD_335Cr-Rationale-9May2014 The company, SGGD Projects Development Pvt Ltd, is one of the 56 entities, many or most controlled by the Dhillon family, that the High Court of Delhi has ordered money to be recovered from. A screenshot of part of the report shows how deeply Shabnam Dhillon, and the Dhillon family in…

Recently I received a message from someone who replicated part of the research that journalists with the Indian financial press have been doing in connection with the financial scandal involving the Singh brothers, their guru cousin (Gurinder Singh Dhillon), and close associates of the Dhillon family. I'm sharing what this person learned by delving into public business records for several reasons. One, it's interesting. Two, it shows what lies beneath the many stories published by the Indian financial press, which some defenders of the Radha Soami Satsang Beas guru wrongly call "fake news." Three, it points to the fact that…

Check out an excellent lengthy story about a guru, Gurinder Singh Dhillon, the Radha Soami Satsang Beas (RSSB) organization that he leads, and the financial scandal the Dhillon family and his close associates are connected to.Download Gurinder Singh Dhillon — the music & film-loving Radha Soami head at heart of Fortis crisis The reporter who wrote ThePrint story, Nandita Singh, emailed me with questions, which I responded to in writing. Unfortunately, I didn't proofread my reply closely enough and left out a word, "no," in the quote included in the final paragraph of the story, where I meant to say…

In addition to stories I shared in two other blog posts about today's developments in the High Court of Delhi case involving the Singh brothers and their relative, Gurinder Singh Dhillon, the guru of Radha Soami Satsang Beas, below is another story from The Indian Express. The court is turning up the heat on the Dhillon family and others who, according to the Singh brothers, owe money to them that would enable Malvinder and Shivinder to pay a $500 million settlement to Daiichi Sankyo, a Japanese firm that got the settlement after it bought a pharmaceutical firm owned by the…

Here's another story relating to the involvement of Gurinder Singh Dhillon, the guru of Radha Soami Satsang Beas, in irregular financial transactions.  Today's Economic Times story casts more light on the affidavit submitted by Dhillon in response to a High Court of Delhi order. Yesterday I shared another story on the same subject. As you can read below, Dhillon admits that his sons participated in suspicious "round trip" transfers of money between RHC Holding and shell companies controlled wholly or in part by the Dhillon family, where money would be paid and repaid so rapidly, it didn't show up on…

Well, the Bollywood'ish financial fraud drama involving the Singh brothers and their relative, Gurinder Singh Dhillon, the guru of Radha Soami Satsang Beas, has taken another turn -- with more curves in the legal road seemingly lying ahead. A story in The Economic Times (below) says that India's Enforcement Directorate has just arrested Malvinder Singh and Sunil Godhwani, who previously was the guru's right hand man and personal financial adviser.  Previously Malvinder and Shivinder Singh, along with Godhwani, had been arrested by the Economic Offenses Wing (EOW) of the Delhi police. So now they've been re-arrested by an organization that…

A commenter on this blog recently shared a link to this story in The Indian Express. It's a prelude to the November 14 hearing before  the High Court of Delhi, where parties who allegedly owe money to the Singh brothers (Malvinder and Shivinder) have been ordered to appear as part of the $500 million settlement award to Daiichi.Download Financial deals with Ranbaxy brothers admits Beas sect head | Business News The Indian Express l found it sort of curious that Gurinder Singh Dhillon, the RSSB guru, filed an affidavit admitting to being part of an illegal financial transaction just two…

This LiiStudio story is about a month old, but I'm sharing it because it provides good background material on the fascinating drama surrounding the Singh brothers and their relative, Gurinder Singh Dhillon, the guru of Radha Soami Satsang Beas. There are numerous strands in the tangled web of this tale of fraud, loans gone bad, and deceit. Hopefully some of the strands will be made more clear in the upcoming November 14 hearing of the High Court of Delhi involving those responsible for payment of a $500 million award to a Japanese company that bought the Singh brothers' pharmaceutical firm.…

What do you think will happen to Gurinder Singh Dhillon, the guru of Radha Soami Satsang Beas, when the High Court of Delhi has a hearing on November 14 involving those ordered to repay money owed to the Singh brothers and companies they once controlled, so a $500 million award can be made in connection with the sale of a pharmaceutical firm to a Japanese company?  Dhillon and his family are part of those who have been ordered by the court to prepare documents showing their assets, though the Dhillon family has been excused from attending the hearing in person.…

Wow. Big news regarding the Singh brothers/Dhillon family financial scandal drama. After being ordered by the High Court of Delhi to appear before it on November 14, along with other parties involved in what appears to be fraudulent transfers of funds that now prevent the Singh brothers from having enough money to pay an award related to their sale of a pharmaceutical firm, the family of Gurinder Singh Dhillon, guru of Radha Soami Satsang Beas, has made up some marvelously unbelievable excuses for not being able to make the court hearing. This is more evidence that Dhillon and his family…

Yesterday India's The Economic Times ran a story that restated facts that were already known about the attempt to reach a family settlement agreement between the Singh brothers (Malvinder and Shivinder) and their relative, Gurinder Singh Dhillon, the guru of Radha Soami Satsang Beas.Download Shivinder singh : Singh bros' settlement sought to absolve Dera Chief of liabilities It's a good summary of what went on.  I suppose the story was published to provide some background prior to November 14, when reportedly the Singh brothers, Dhillon, and others involved in this complicated financial fraud saga will appear before the High Court…

Today someone emailed me a link to a MSN story about the Singh brothers, Malvinder and Shivinder, and their tangled relationship with their relative, Gurinder Singh Dhillon, the guru of Radha Soami Satsang Beas in India.Download Shivinder Singh likens Malvinder Singh to 'Bhasmasur' Read on for the latest developments in this fascinating drama. It'll be interesting to see what conclusions Indian authorities draw after investigating the complex web of fraudulent financial transactions involving a bunch of individuals, public companies, and shell companies. I've boldfaced the mentions of Dhillon and RSSB. Shivinder Singh likens Malvinder Singh to 'Bhasmasur'; Malvinder says his…

In the course of browsing through some old blog posts (I'm gathering material for another book based on my Church of the Churchless posts), I came across a fond memory: "RSSB cartoons show lighter side of Sant Mat." Which started out this way. While perusing a Christian web site that pokes fun at evangelical fundamentalism, today I suddenly thought Cartoons! Back in 1999 I'd worked with a talented artist, Bart Goldman, on cartoons aimed at deflating the balloon of Radha Soami Satsang Beas seriousness (RSSB is a branch of Sant Mat). Bart and I both were RSSB initiates. We met…

Indian journalists continue to do an excellent job of reporting on the complex, Bollywood'ish drama of how Malvinder and Shivinder Singh's business empire disintegrated, in part because of their ties to a guru relative, Gurinder Singh Dhillon, who heads up the Radha Soami Satsang Beas (RSSB) spiritual organization. Here's some excerpts from a well-researched Outlook story. I've focused on the passages that mention Dhillon and his family, which are boldfaced. Keep in mind that Sunil Godhwani was the guru's right hand man, personal treasurer, and reportedly once managed the finances of RSSB.Download Riches To Rags: How Billionaire Ranbaxy Brothers Malvinder…

Given recent developments in the financial fraud scandal involving the Singh brothers (Malvinder and Shivinder), Gurinder Singh Dhillon, their relative, who is the guru of Radha Soami Satsang Beas, and some other people, I thought it'd be good to point out my June 2019 post, "Malvinder Singh's message to the RSSB guru is moving." (See here, here, here, and here for those developments. Malvinder, Shivinder, and the guru's right hand man, Sunil Godhwani, have been arrested. Dhillon, his family, the Singh brothers, Godhwani, and others have been ordered to appear before the High Court of Delhi on November 14.) Actually…

UPDATE: A commenter shared a link to another story by Business Today on this subject that contains more information. There's a Delhi High Court order for all those involved in the financial fraud investigation to appear on November 14. Daiichi case: Delhi HC orders RSSB chief Dhillon & family, Singh brothers, Ghodhwanis to be present in court on November 14 BusinessToday.In on March 12 reported Singh brothers could only pay the $500 million order against them to compensate Daiichi, provided the money owed to them by RSSB chief Gurinder Singh Dhillon and his family is recovered BusinessToday.In Delhi High Court…

Here's some fresh news on the Singh brothrers/RSSB guru (Gurinder Singh Dhillon) financial scandal saga. A commenter on this blog just left a link to an Economic Times story that shows authorities are having success in tracing where the money ultimately went that was siphoned out of companies once controlled by the Singh brothers, and into companies that were partly or mostly controlled by the Dhillon family and their close associates. Here's what the story says. I've boldfaced the mention of the RSSB guru. A district court in Delhi extended the police custody of businessmen Malvinder and Shivinder Singh by…

Given that the High Court of Delhi has ordered Gurinder Singh Dhillon and his family to pay back money they owe to Religare, a company once controlled by the Singh brothers and Sunil Godhwani, I thought it would be interesting to go back and look at Malvinder Singh's criminal complaint against the Dhillon family, Godhwani, and others. That complaint was filed in February of this year, I believe. I wrote about it in a February 20, 2019 blog post, "Legal filing against Gurinder Singh Dhillon is fascinating reading."  UPDATE: I forgot to mention that anyone who doubts that Dhillon and…