Mumbai Police’s Economic Offences Wing (EOW) has intensified its probe into an alleged Rs 60 crore fraud case involving businessman Raj Kundra. In a fresh development, Kundra has reportedly claimed that a portion of the funds in question were paid as professional fees to Bollywood actresses Bipasha Basu and Neha Dhupia. The revelations came during a five-hour interrogation session conducted by the EOW.
Funds Traced to Multiple Actresses, Including Shilpa Shetty
Sources within the investigation have confirmed that financial records show direct money transfers from the company’s accounts to four Bollywood actresses — including Shilpa Shetty, Bipasha Basu, and Neha Dhupia. The total value of these transfers is estimated to be around ₹25 crore. Additionally, some funds were traced to Balaji Entertainment, raising further questions about the nature of the transactions.
Despite these disclosures, Kundra reportedly remained silent on several key points during questioning, which has prompted officials to plan further rounds of interrogation. The EOW suspects that Kundra may be withholding critical details related to fund diversion and other questionable financial activities.
Suspicious Transactions During Demonetisation
The investigation has also uncovered irregular fund transfers that took place during India’s demonetisation period in 2016. According to EOW officials, the company under investigation experienced a severe cash crunch during this time, leading to several suspicious transactions. Evidence of these transfers has now been secured, strengthening the case against those involved.
“Best Deal” Videos Under Scrutiny
As part of the probe, Kundra was asked to submit video content produced for a venture named “Best Deal.” Although he claimed that the materials had already been handed over to the Property Cell, EOW officials plan to seize and examine them again. These videos could hold critical information on whether the funds were legitimately used or part of a larger scheme.
More Summons Expected
The EOW has confirmed that more individuals linked to the case will be summoned for questioning in the coming days. The investigation continues to widen as more names surface in connection with the alleged financial fraud.
In an official statement, Mumbai Police said, “Investigations are going on against actress Shilpa Shetty and her husband Raj Kundra in an alleged fraud case of Rs. 60 crore.” Kundra has already been summoned and is expected to face more detailed questioning as the investigation progresses.