Shilpa Shetty and Raj Kundra: ED Attaches Assets Worth Rs 98 Crore in Money Laundering Case

The recent development in the ongoing investigation involving Bollywood actress Shilpa Shetty and her husband, businessman Raj Kundra, has sent shockwaves through the entertainment industry. The Enforcement Directorate (ED) has attached assets worth Rs 98 crore in connection with a money laundering case.

Shilpa Shetty, a prominent figure in Indian cinema, and Raj Kundra, a successful entrepreneur, have been under scrutiny since Kundra’s arrest in July 2021. He was arrested by the Mumbai Police for his alleged involvement in the creation and distribution of pornographic content through mobile applications. While Shetty was not directly implicated in the case, her association with Kundra brought significant attention to the matter.

The ED’s Action:
The Enforcement Directorate has been conducting a parallel investigation into the financial aspects of the case. In their latest move, they have attached assets worth Rs 98 crore belonging to Shilpa Shetty and Raj Kundra. These assets include properties, bank accounts, and other investments suspected to be linked to the proceeds of crime.

The attachment of assets by the ED signifies a significant escalation in the legal troubles facing Shilpa Shetty and Raj Kundra. It suggests that authorities believe these assets were acquired through illegal means or are otherwise connected to the alleged money laundering activities under investigation.

Response from Shilpa Shetty and Raj Kundra:
Both Shilpa Shetty and Raj Kundra have maintained their innocence throughout the investigation. They have denied any wrongdoing and have cooperated with the authorities. However, the attachment of their assets by the ED represents a major setback for them, both financially and reputationally.

Industry Reaction:
The news of the ED’s action has reverberated throughout the entertainment industry, with many expressing shock and concern for Shilpa Shetty and Raj Kundra. While some have voiced support for the couple, others have called for a thorough investigation and accountability if any wrongdoing is found.

The attachment of assets worth Rs 98 crore by the Enforcement Directorate in the money laundering case involving Shilpa Shetty and Raj Kundra underscores the seriousness of the allegations against them. As the investigation continues, the legal and personal ramifications for the couple remain to be seen. However, this development serves as a reminder of the far-reaching consequences of financial impropriety in the public eye.

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