RAJ Kundra, the high-flying NRI businessman and husband of Bolly wood actor Shilpa Shetty, has been arrested by Mum bai Police on Mon day, July 19, in connection with an adult film/pornography racket. The case has left many big Bollywood stars stunned in silence while a few, including Kangana Ranaut, have come out in support of Kundra.
This is the first time that Kundra has been arrested though he has been frequently summoned by the Enforcement Directorate (ED) for questioning and to explain his and his companies’ ties with companies linked to underworld don Dawood Ibrahim, who is in exile in Karachi, Pakistan. The link is via Bastian Hospitality where Raj Kundra was a director along with Ranjeet Bindra, who is a known aide of Dawood henchman Iqbal Mirchi. Kundra and his wife also have a company, Essential Hospitality, which took loans from RKW Developers which has Bindra on the board.
Bindra is said to have, according to the ED, brokered deals between Mirchi and Sunblink Real Estate Private Limited, a company registered on June 15, 2009 at Mumbai, and is owned by Dewan Housing Finance Corporation Ltd (DHFL) founder Dheeraj Wadha wan’s brother-in-law. Post this deal, being a Dawood front, Sunblink is linked to terror funding. Though Sun blink is a lossmaking company, it has been receiving loans and routing the money out to several entities.
Why should Sunblink be lending money when it cannot provide loans as it is not an non-banking finance company? Also, how can a loss-making company lend money? All the money into Sunblink are all loans provided by DHFL.
This story is from the August 2, 2021 edition of India Legal.
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This story is from the August 2, 2021 edition of India Legal.
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