Overview
- Officials confirmed the decision after Raj Kundra told investigators he paid the trio professional fees for work linked to the now-defunct Best Deal TV.
- The case stems from a complaint alleging Rs 60.4 crore was misused in a loan-cum-investment arrangement tied to the company co-managed by Shilpa Shetty and Kundra.
- The Economic Offences Wing has recorded Kundra’s statement and is expected to call him again next week as it verifies witnesses and documents.
- Lookout Circulars remain in place for Shetty and Kundra as investigators review bank records and seek company videos for corroboration.
- Investigators have tracked nearly Rs 25 crore in direct transfers to accounts linked to Shilpa Shetty, Bipasha Basu, Neha Dhupia and Balaji, which are under scrutiny for compliance with invoices and payment procedures.