Raj Kundra, husband of Bollywood actress Shilpa Shetty, told the police in his statement that his business had suffered huge losses due to demonetization. The Economic Offenses Wing (EOW) of Mumbai Police is investigating an alleged financial fraud case of Rs 60 crore involving actress Shilpa Shetty and her husband Raj Kundra.

Huge loss due to demonetization – Raj Kundra

During interrogation, businessman Raj Kundra told EOW that his company was in the business of electrical and home appliances, but after demonetization the company suffered a huge financial blow. Kundra said that due to financial crisis the company was unable to repay the borrowed amount.

Shilpa was interrogated for several hours

EOW interrogated actress Shilpa Shetty in this case for about four and a half hours, while Raj Kundra’s statement was recorded for the second time. Officials said Kundra will be summoned again in the coming weeks in connection with the investigation.

There was a ban on foreign travel

Earlier, Bombay High Court had rejected the petition of Shilpa and Raj regarding foreign travel. The court ordered that if he wants to travel abroad to Los Angeles or any other place in America, then first he will have to deposit Rs 60 crores. Along with this, the court has also refused to stay the Lookout Circular (LOC) issued against him.

what is the whole matter,

Raj Kundra and Shilpa Setty have been accused of causing a loss of Rs 60 crore to businessman Deepak Kothari in a loan-cum-investment deal. After which Kothari had filed a complaint against the couple at Juhu Police Station in the month of August. After the complaint was registered, the matter is being investigated by EOW.

Read this also –

10 pictures of Raveena Tandon’s daughter: Rasha Thadani gives tough competition to her mother in fashion and beauty.