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Raj Kundra Case: ED Finds No Direct Link Between Raj Kundra & Pornography Racket; Focus Shifts On Money
Raj Kundra's Pornography Case: In a significant development, the Enforcement Directorate (ED) has disclosed that in its investigation into the alleged pornography racket involving businessman Raj Kundra has not found any direct connection between Kundra and the controversial activities.
And now, the focus of the investigation has shifted to the intricate money trail associated with various bank transactions linked to the UK-based company Kenrin.
Official sources report that Kenrin, owned by Pradeep Bakshi, the official promoter of the HotShot app and Raj Kundra's brother-in-law, is being investigated for its alleged involvement in multiple transactions with shell companies associated with money laundering.
The ED is examining the financial transactions involving Kenrin, with an aim to trace the funds flow and establish any illicit connections.
Official sources report that Kenrin, owned by Pradeep Bakshi, the official promoter of the HotShot app and Raj Kundra's brother-in-law, is being investigated for its alleged involvement in multiple transactions with shell companies associated with money laundering. The ED is examining the financial transactions involving Kenrin, aiming to trace the flow of funds and establish any illicit connections.
As
per
the
sources
of
ED,
in
January
2019
Saurabh
Kushwah,
CEO
of
Arms
Prime
Media
Limited,
approached
Kundra
to
invest
in
the
company.
Kundra's
association
with
Arms
Prime
Media
Limited
continued
until
December
2019,
during
which
the
HotShot
app
was
developed.
Later,
the
app
was
purportedly
sold
to
Kenrin
for
$25,000,
with
ongoing
maintenance
responsibilities
shared
between
Kundra's
Vihan
and
Kenrin.
Now,
the
ED
is
reviewing
bank
transactions.
Meanwhile, Raj Kundra, who has consistently maintained his innocence, had earlier written to the Central Bureau of Investigation (CBI), seeking an investigation into the pornography case. He alleges that he is being framed due to a personal vendetta orchestrated by a fellow businessman collaborating with certain police officers.
Meanwhile, Raj Kundra recently made his acting debut with UT69. The film follows his ordeal of spending 63 days in Arthur Road Jail.
