Mumbai (Maharashtra) [India], September 16 (ANI): Mumbai Police's Economic Offences Wing (EOW) recorded Bollywood histrion Shilpa Shetty's hubby Raj Kundra's connection connected Monday successful an alleged lawsuit related to cheating a businessman of Rs 60 crore.
According to EOW, the adjacent interrogation whitethorn instrumentality spot adjacent week. However, statements of much witnesses are yet to beryllium investigated and verified. The adjacent circular of interrogation volition commencement lone aft thoroughly scrutinising the statements of the witnesses.
On September 5, a Lookout Circular (LOC) was issued against Shetty and Raj Kundra, by Mumbai Police successful an alleged Rs 60 crore cheating case. The Economic Offences Wing (EOW) of Mumbai Police, which is probing the case, issued the LOC earlier. The complainant's lawyers, Dr. Yusuf Iqbal and Adv. Zain Shroff of YNA Legal, had earlier demanded that a lookout circular beryllium issued successful the case.
In August, a lawsuit was filed against Shilpa Shetty, her hubby Raj Kundra, and different idiosyncratic for allegedly cheating a businessman of implicit Rs 60 crore. The complaint, filed by businessman Deepak Kothari, manager of Lotus Capital Financial Services Ltd, claims the incidents took spot betwixt 2015 and 2023.
Kothari alleged that the mates took the wealth nether the pretext of expanding their concern but utilized it for idiosyncratic expenses instead. According to Kothari, successful 2015, Shetty and Kundra approached him done a mediator seeking a Rs 75 crore indebtedness for their company, Best Deal TV Pvt Ltd, which promoted manner products and ran an online buying platform. The projected involvement complaint was 12 per cent.
Later, they reportedly asked him to supply the funds arsenic an "investment" alternatively of a loan, assuring him of monthly returns and repayment of principal. Kothari claimed helium transferred Rs 31.95 crore successful April 2015 nether a stock subscription agreement, and different Rs 28.53 crore successful September 2015 nether a supplementary agreement.
The full magnitude was credited to Best Deal TV's slope accounts. Repeated attempts to retrieve the funds allegedly failed, and Kothari accused the mates of "dishonestly using" the wealth for idiosyncratic benefit. Shilpa and Raj's lawyer Prashant Patil has denied the allegations and said they volition contiguous "our truth" earlier investigating agencies. (ANI)
