Shilpa Shetty and Raj Kundra can breathe a sigh of relief as the Bombay High Court stopped executing an eviction notice issued by the Enforcement Directorate (ED) in a money laundering case. Now, in the latest statement, the couple’s lawyer confirmed the same.
Shilpa and Raj get relief
In an official statement to ETimes, Shilpa and Raj’s lawyer, Prashant Patil, said, “At the outset, let us first clarify the fake media reports suggesting that Mr Raj Kundra and his wife, Mrs Shilpa Shetty Kundra,are involved in the cryptocurrency Ponzi scam. This is not even the case of the Enforcement Directorate. It is clarified that Mr Kundra and Mrs. Shetty have no connection to the alleged Ponzi scam, which dates back to 2017.”
The statement further read, “An eviction notice was issued by the ED against my clients', residential properties, which has been stayed by the Honourable High Court, granting Mr Raj Kundra and Mrs. Shilpa Shetty time to file an appeal before the Honourable Appellate Tribunal in Delhi for further relief. It is the duty of my clients to continue cooperating with the Enforcement Directorate's investigation.”
ALSO READ: Shilpa Shetty, Raj Kundra Move High Court Against ED's Eviction Notice For Juhu, Pune Properties
Shilpa and Raj's ED eviction notice
Shilpa and Raj moved the Bombay High Court on Wednesday after the Enforcement Directorate sent them a notice to vacate their residence and farmhouse by October 13 in connection with the alleged case.
The notice was sent to Shilpa and Raj on September 27 instructing them to vacate their properties in Juhu and Pawna Lake. Reportedly, the Mumbai Zonal Office provisionally attached immovable and movable properties worth Rs. 97.79 crore belonging to Ripu Sudan Kundra aka Raj Kundra under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
ED initiated an investigation after multiple FIRs registered by Maharashtra Police and Delhi Police against M/s Variable Tech Pte Ltd, the late Amit Bhardwaj, Ajay Bhardwaj, Vivek Bhardwaj, Simpy Bhardwaj, Mahender Bhardwaj and several MLM agents, wherein it was alleged that they had collected huge amounts of funds through Bitcoins (worth Rs 6,600 crore in 2017 itself) from the gullible public with the false promises of 10 per cent per month return in the form of Bitcoins.
As per the ED, the investigation revealed that Raj received 285 Bitcoins from Amit Bhardwaj, the promoter of the Gain Bitcoin Ponzi scam, to set up a Bitcoin mining farm in Ukraine.