Raj Kundra’s Rs 98 Cr Assets Seized in Money Laundering Case, He Reacts

On Thursday, the Enforcement Directorate attached Raj Kundra’s belongings worth Rs 97.79 crore under the Prevention of Money Laundering Act, 2002. The attachment included flats in Mumbai and Pune that are owned by actor Shilpa Shetty and businessman Raj Kundra.

Raj Kundra shared a picture of a roaring lion that had text that read, “Learning to stay calm when you feel disrespected is a different type of growth’.

ED, Mumbai has provisionally attached immovable and movable properties worth Rs. 97.79 Crore belonging to Ripu Sudan Kundra aka Raj Kundra under the provisions of PMLA, 2002. The attached properties include Residential flat situated in Juhu presently in the name of Smt. Shilpa Shetty, Residential Bungalow situated in Pune and Equity shares in the name of Raj Kundra.

ED tweeted on their official X account

Shilpa Shetty has not given any reaction to the media or any updates regarding the money laundering case. She was spotted by the paparazzi on Thursday with her mother and visited Salman Khan, at his home in Mumbai.

We shall follow the due process of law and take necessary steps as prescribed under the provisions of 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.

Advocate Prashant Patil

He further stated that they have faith in the Honourable Judiciary, and when they present their fair representation before the Enforcement Directorate, the investigation agencies will grant justice to them. “We have faith in the fair investigation. We stand committed to cooperate with the authorities as and when required.” Patil said in his statement.