Businessman Raj Kundra’s premises were raided by the Enforcement Directorate on Friday, heralding the next phase of a money laundering probe into alleged distribution of pornographic content. Kundra has appealed to the media to respect privacy by keeping the name of his wife, Shilpa Shetty, out of unrelated matters.
Kundra, who addressed the media through an Instagram post, confirmed his cooperation in the investigation that has been ongoing for four years. He refuted claims about employees, pornography and money laundering and expressed confidence that the truth would ultimately prevail.
The money laundering investigation against Kundra stems from multiple police FIRs and charge sheets filed in Mumbai. Although previously arrested and released on bail, this is the second legal challenge Kundra is facing, following seizure of assets earlier this year.
(With input from agencies.)