Shilpa Shetty, Raj Kundra's Lawyer Responds To Rs. 98 Crore Seizure

The Enforcement Directorate has announced plans to seize assets worth Rs 97 crore belonging to Raj Kundra and Shilpa Shetty. This decision follows the agency's move to provisionally attach properties of Ripu Sudan Kundra, also known as Raj Kundra, under the Prevention of Money Laundering Act (PMLA), 2002.

The statement from the ED on Shilpa Shetty Raj Kundra Assets seizure stated, "ED, Mumbai has provisionally attached immovable and movable properties worth Rs. 97.79 crore belonging to Ripu Sudan Kundra, aka Raj Kundra, under the PMLA 2002 provisions. The attached properties include a residential bungalow in Pune, a residential flat in Juhu registered under Smt. Shilpa Shetty's name, and equity shares in Raj Kundra's name."

In an exclusive talk to ETimes Prashant Patil, Shilpa Shetty and Raj Kundra's lawyer said, "We will adhere to the legal process and take necessary steps under the Prevention of Money Laundering Act to protect the rights and property of my clients. There is no apparent case against my clients, Mrs. Shilpa Shetty Kundra and Mr. Raj Kundra. We trust the judiciary and hope for justice. We believe that presenting our case to the Enforcement Directorate will result in a fair investigation. We are ready to cooperate with the authorities when needed."