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Raj Kundra Denies Wrongdoing in Rs 60 Crore Best Deal TV Probe

Police issued lookout circulars after registering an FIR under BNS sections 403, 406, 34.

Overview

  • Speaking in a new interview, Kundra said he and Shilpa Shetty have “never done anything wrong” and asserted the truth will emerge.
  • Mumbai Police’s Economic Offences Wing has issued Look Out Circulars restricting the couple’s travel during the investigation.
  • Investigators are tracing the money trail, reviewing travel logs, and have called the company’s auditor for questioning, according to Mid-day.
  • Complainant Deepak Kothari alleges nearly Rs 60 crore was routed as an investment into Best Deal TV and then used for personal expenses.
  • Times Now reports Kundra has been summoned by the EOW, as the case examines transactions tied to the shuttered Best Deal TV and its 2016 leadership changes.