A major development has emerged in the investigation of a ₹60 crore fraud case involving Raj Kundra and Shilpa Shetty. The Economic Offences Wing (EOW) of Mumbai Police has revealed that accused Kundra transferred ₹15 crore of the alleged fraud amount to the company’s bank account in the name of his wife Shilpa Shetty.
An EOW official, speaking on condition of anonymity, said Shilpa Shetty will be questioned about the purpose of these fund transfers, noting that such a high expenditure for advertising is unusual. Investigators will also seek details on how Shilpa Shetty billed Raj Kundra and the nature of the expenses.
The probe has also revealed that RP (Resolution Personalities) has not yet submitted the papers requested from Raj Kundra. RP had been called at the start of the investigation. The EOW is examining where the money was spent. A senior official noted that the complainant businessman was deliberately denied a 26% share by the accused, as disclosure in the NCLT would have been required otherwise.
Further findings suggest that a portion of the ₹60 crore was transferred to a sister company. The EOW is preparing to summon Raj Kundra for another round of questioning over the weekend, with plans to call Shilpa Shetty afterward.
Earlier, Raj Kundra was questioned for nearly five hours by the Mumbai Police’s Economic Offences Wing (EOW, the interrogation took place at a confidential location instead of the police headquarters.
