Raj Kundra Summoned by EOW in ₹60.48 Crore Fraud Case, Look Out Circular Issued

Bollywood actress Shilpa Shetty's husband Raj Kundra's troubles are just not taking a break. The Economic Offenses Wing (EOW) has sent him a summons in a fraud case of Rs 60.48 crore. Today is also Raj Kundra's birthday. He has been asked to appear for questioning on September 15. Earlier, Raj Kundra was to appear on September 10. However, he sought more time for an appearance.

EOW has issued a lookout circular against Raj Kundra. Under this, he cannot leave the country. A senior EOW official has confirmed that the auditor of the National Company Law Tribunal (NCLT) has also been summoned for questioning.

Both Shetty and Kundra were summoned thrice earlier during the preliminary investigation. Both said that they live in London, so they had sent their lawyer. On this, the EOW said that the lawyer did not give complete information. After this, a formal FIR was registered.

An FIR has been registered against Kundra at Juhu Police Station in Mumbai. The director of Lotus Capital Financial Services says that between 2015 and 2023, he had invested Rs 60.48 crore in Shilpa Shetty and Raj Kundra's company, Best Deal TV Pvt Ltd. He has alleged that Shilpa and Raj spent this money themselves instead of investing it in the company.

Complainant Deepak Kothari's lawyer Jain Shroff said that his client had invested money with evidence. The company misled him. On the contrary, Shilpa Shetty's lawyer Prashant Patil has rejected the allegations. He says that the complainant himself was a partner in the company. His son was made the director. If the company made a profit, it would be divided between the two.