More trouble for Shilpa Shetty's husband, Raj Kundra; read report
First Published Jul 25, 2021, 11:36 AM ISTAs per the latest development, Raj Kundra might face charges of money laundering and foreign exchange violation; read this
As per the latest development, Raj Kundra might face charges of money laundering and foreign exchange violation; read this
The case of Shilpa Shetty's husband, Raj Kundra's alleged involvement in showcasing illegal content, has taken a new turn. As per the latest development, Raj Kundra may face charges of money laundering and foreign exchange violation.
Shilpa Shetty's husband, Raj Kundra, was arrested last week on Monday, July 19, for allegedly creating pornographic content and publishing it through the apps.
He is currently in judicial custody and would remain so till July 27, state reports. Meanwhile, Raj Kundra has challenged his arrest in the Bombay High Court.
According to the latest reports, Raj Kundra may face money laundering and foreign exchange violation charges. As per a report in Hindustan Times, ED (Enforcement Directorate) is likely to investigate the case.
ANI stated that the central agency has the authority to probe financial fraud cases. And while at that, they can file suits against Raj Kundra under the Prevention of Money Laundering Act (PMLA) and Foreign Exchange Management Act (FEMA). The ANI report further stated that ED can do so "anytime after July 26."
As per the report, Mumbai Police will hand over the deets of the financial irregularities to Enforcement Directorate for further probe. For the same, ED will have to take a copy of the FIR filed against Raj Kundra and 10 others associate with him from police to begin their investigation. Enforcement Directorate may also issue summons to Raj Kundra against PMLA and FEMA.
Meanwhile, Mumbai's Crime branch had reportedly alleged that Raj Kundra had been earning money from the illegal content published on the apps by charging the subscription fee. Mumbai Police also asserted their doubts before the court stating, that Raj Kundra had been using the money for betting. ED will be investigating into the same as well.
Meantime, a source close to Shilpa Shetty issued a statement from the actress on the whole controversy. The statement reads, "There have been a lot of rumours, murmurs and accusations. A lot has been said in the media as well. However, Shilpa Shetty Kundra would like to refrain from commenting about the ongoing investigation. Would like to request everyone to refrain from commenting on half baked information without verifying the veracity of the same."
According to a report published in HT, the director of Viaan industries may also be called in for interrogation. It is also mentioned that Shilpa may also be issued a summons as the actress was one of the director's of Viaan Industries till 2020.