The Economic Offenses Wing (EOW) of Mumbai Police has made a significant revelation in the alleged ₹60 crore fraud case involving Bollywood actress Shilpa Shetty and her husband Raj Kundra.
Entertainment News: Bollywood actress Shilpa Shetty's husband and businessman Raj Kundra appears to be entangled in legal trouble once again. The Economic Offenses Wing (EOW) of Mumbai Police has made a major disclosure in the alleged ₹60 crore fraud case. The investigation has revealed that approximately ₹15 crore from this amount was transferred to the bank account of Shilpa Shetty's company.
Shilpa Shetty May Be Summoned
According to EOW sources, Shilpa Shetty may soon be summoned for questioning in this case. Officials state that it is crucial to ascertain what advertisement or expense justified the transfer of such a large sum. Under normal circumstances, such a substantial amount is not spent on advertising. The investigating agency also wants to clarify on what basis Shilpa Shetty's company issued this bill and what the real reason behind it was.
Investigating officers also stated that Resolution Personalities (RP), the company in question, has not yet provided the crucial documents requested by the EOW. In the initial phase, company representatives were called for questioning, but the necessary paperwork was not submitted. This has further complicated the investigation process.
Allegation of Irregularity in Share Transfer
In this case, the complainant businessman has alleged that they were deliberately not given 26% shares of the company. According to regulations, such an action requires disclosure to the NCLT (National Company Law Tribunal). According to officials, this step was taken to conceal this information. Additionally, a portion of the ₹60 crore was allegedly transferred to the company's sister concerns, which is also under investigation.
The EOW is preparing to send another summons to Raj Kundra by the end of this week. Officials state that during the previous interrogation, answers to several questions were not satisfactory, necessitating further questioning. This is not the first time Raj Kundra has been embroiled in controversy. He has previously been under the scanner of investigating agencies in numerous cases. From pornography cases to serious matters like money laundering, Raj Kundra's name has been linked to several controversies.
