Shilpa Shetty, Raj Kundra Share Cryptic Posts After ED Seizes Properties: 'Learning To Stay...'

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posted on 5 months ago — updated on 1 second ago

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Shilpa Shetty and Raj Kundra shared cryptic posts on their Instagram Stories hours after ED seized their properties.

Shilpa Shetty and Raj Kundra shared cryptic posts after it was revealed that Enforcement Directorate seized his properties worth Rs 97.79 crore in connection with a bitcoins fraud case. While Raj and Shilpa Shetty’s lawyer issued a statement on their behalf, Raj took to his Instagram Stories to share a cryptic post. The businessman shared a picture of a lion roaring and spoke about remaining calm despite feeling disrespected.

“Learning to stay calm when you feel disrespected is a different type of growth,” Raj Kundra’s post read. On the other hand, Shilpa shared a picture of Sai Baba and wrote, “Om Sai Ram,” along with the hashtag, ‘Surrender’. Check out their posts below:

In the statement issued by their lawyer, Shilpa and Raj argued that they are ready to cooperate with the concerned authorities. They hoped for “fair investigation” and stated that they have full faith in the Indian judiciary system.

“We shall follow the due process of law and take necessary steps as prescribed under the provisions of the Prevention of Money Laundering Act to protect the liberty and property of my clients. On the face of it, there is no prima facie case made out against my clients Mr Raj Kundra and Mrs Shilpa Shetty Kundra,” their statement read.

“We have complete faith in the Honourable Judiciary. I believe when we make our fair representation before the Honourable Enforcement Directorate, even the investigation agencies may grant justice to us. We have faith in the fair investigation. We stand committed to cooperating with the authorities as and when required,” it added.

Mumbai zonal office of ED has provisionally attached immovable and movable properties of Raj under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. Kundra along with others have been accused of collecting huge amounts of funds in the form of bitcoins (worth Rs 6,600 crore in 2017) from the “gullible public with the false promises of 10 per cent per month return in the form of bitcoins”.

The ED seized Raj Kundra’s properties worth Rs 97.79 crore. The attached properties include a residential flat in Mumbai’s Juhu, in the name of his wife Shilpa Shetty. Another property is a residential bungalow in Pune and Equity shares in the name of Raj Kundra, the ED said.