₹60cr fraud case: EOW summons Raj Kundra's employees
What's the story
The Economic Offences Wing (EOW) of the Mumbai Police has summoned four employees of Raj Kundra's company, Best Deal Private Limited, in connection with an alleged ₹60 crore fraud case. The investigation is focused on verifying financial claims and tracing the alleged diversion of funds. One employee has already recorded a statement, while three others are yet to appear for questioning.
Investigation focus
EOW probing claims of office furnishing expenses
The EOW is investigating whether ₹20 crore, claimed by Kundra, was actually used to furnish the company's offices. They are also probing how employee salaries were paid - whether from the company's legitimate earnings or from undisclosed sources. The questioning aims to establish a clear money trail.
Supplier and advertiser inquiry
Investigators to question product suppliers and advertisers
The EOW is also looking into whether Best Deal Private Limited had enough business orders or clients to justify taking such a large sum. They are expected to question product suppliers and companies that placed advertisements with the firm to establish the flow of funds and validate the investment claims.
Next steps
Decision on Kundra's questioning pending
An EOW officer said that once all summoned employees have recorded their statements, investigators will decide if Kundra needs to be called in for further questioning. The ₹60 crore fraud case, which came to light earlier this year, adds to the list of financial controversies surrounding the businessman. Both Kundra and his wife, actor Shilpa Shetty Kundra, are accused of cheating a businessman of around ₹60.48 crore.