Hours after the Enforcement Directorate seized businessman Raj Kundra’s properties worth Rs 97.79 crore, the businessman and his actress-wife, Shilpa Shetty’s lawyer has finally issued a statement. In the statement, Shilpa and Raj argued that they are ready to cooperate with the concerned authorities. They hoped for “fair investigation” and stated that they have full faith in the Indian judiciary system.
“We shall follow the due process of law and take necessary steps as prescribed under the provisions of the Prevention of Money Laundering Act to protect the liberty and property of my clients. On the face of it, there is no prima facie case made out against my clients Mr Raj Kundra and Mrs Shilpa Shetty Kundra,” their statement read.
“We have complete faith in the Honourable Judiciary. I believe when we make our fair representation before the Honourable Enforcement Directorate, even the investigation agencies may grant justice to us. We have faith in the fair investigation. We stand committed to cooperating with the authorities as and when required,” it added.
Earlier today, the Enforcement Directorate seized Raj Kundra’s properties worth Rs 97.79 crore. The attached properties include a residential flat in Mumbai’s Juhu, in the name of his wife Shilpa Shetty. Another property is a residential bungalow in Pune and Equity shares in the name of Raj Kundra, the ED said.
The agency said in a statement that the Mumbai zonal office of ED has provisionally attached immovable and movable properties of Kundra under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. It has been alleged that Kundra along with others collected huge amounts of funds in the form of bitcoins (worth Rs 6,600 crore in 2017) from the “gullible public with the false promises of 10 per cent per month return in the form of bitcoins”.
ED investigation revealed that Raj Kundra received 285 bitcoins from the mastermind and promoter of Gain Bitcoin Ponzi Scam Amit Bhardwaj for setting up bitcoin mining farm in Ukraine.
“The said bitcoins were sourced out of proceeds of crime collected by Amit Bhardwaj from gullible investors. Since the deal didn’t materialize, Kundra is still in possession and enjoyment of 285 bitcoins which are presently valued at more than Rs 150 crore, the Enforcement Directorate statement read.
Comments
0 comment