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EOW investigates Rs 60 crore fraud case, summons former employee of Raj Kundra’s firm

Payments made under Statement Media Solutions and SMS Logistics, both reportedly linked to Kundra and his actress wife Shilpa Shetty, are also under scrutiny.

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By Rajiv Ranjan Singh 

The Economic Offences Wing (EOW) of the Mumbai Police has initiated a thorough investigation into an alleged Rs 60-crore fraud case involving Best Deal Private Limited (BDPL), a company owned by businessman Raj Kundra. As part of the probe, the EOW has issued summons to a former employee of the company, seeking cooperation in the ongoing inquiry.

Sources said a forensic auditor is set to be appointed to scrutinize the financial transactions of BDPL and its affiliated firms. This move is aimed at verifying the authenticity of the company’s financial dealings and identifying potential discrepancies.

The EOW has already recorded statements from several former employees, including the company’s former Chief Financial Officer (CFO) and former directors. These individuals are expected to provide crucial insights into the company’s financial operations and help investigators piece together the events surrounding the alleged fraud.

Kundra’s claim that Rs 20 crore was spent on office furnishing has raised eyebrows, and investigators are examining whether these expenses were legitimate business expenditures or an attempt to siphon off funds. The EOW is also probing whether employee salaries were paid through legitimate business income or undisclosed sources, and is cross-verifying details provided by former staff and directors to determine whether company funds were misused.

An accountant associated with Kundra’s firm has reportedly shared vital information with investigators, shedding light on potential irregularities in the company’s financial dealings. Officials are now tracing the flow of funds to identify how the alleged Rs 60-crore loan, reportedly taken from the complainant under the pretext of business investment, was utilized.

The probe team plans to question vendors, suppliers, and company representatives who had advertised through Kundra’s firm, as part of efforts to build a comprehensive picture of the company’s financial transactions. Payments made under Statement Media Solutions and SMS Logistics, both reportedly linked to Kundra and his actress wife Shilpa Shetty, are also under scrutiny.

As the investigation unfolds, the EOW may summon Raj Kundra again for further questioning if necessary, to clarify discrepancies and shed light on the alleged financial irregularities.

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Karnataka to convene joint legislature session over MGNREGA repeal

The Karnataka government will convene a joint session of the legislature from January 22 to discuss the Centre’s repeal of MGNREGA, triggering sharp criticism from the opposition.

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The Karnataka cabinet on Wednesday decided to convene a joint session of the state legislature from January 22 to January 31, with the Centre’s decision to repeal the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) set to be the key focus.

The Congress-led government had earlier planned a two-day special session to discuss the repeal of MGNREGA, which has been replaced by the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G). However, State Law and Parliamentary Affairs Minister H K Patil said the plan was altered due to constitutional provisions.

Briefing reporters, Patil said the government was compelled to convene a joint session instead of a special session because of a technical requirement. Citing Article 176 of the Constitution, he explained that the Governor must address the first session of the state legislature every year.

“As a result of this technical reason, we are advancing the session. Instead of a special session, it will be a joint session,” Patil said, adding that holidays during the session would be announced by the Speaker.

He stressed that the state government would not remain silent if people’s rights were “snatched away” and said the objective of the session was to create public awareness and exert pressure on the Centre to restore MGNREGA.

Opposition questions intent of the session

Leader of Opposition in the Karnataka Assembly R Ashoka strongly criticised the decision, alleging that the joint session was convened with a “malafide intention” and amounted to a “sheer waste of money”.

Addressing a press conference, Ashoka said legislative sessions were meant for law-making and discussions on governance issues, questioning the purpose of holding a session on a matter decided by the Centre.

“What is this session convened for? Is it to utter gibberish in the House? There is no use of this session,” he said, adding that any resolution passed by the Assembly would have no practical value and would be ignored.

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Centre urges Indians to leave Iran amid worsening security situation

India has advised its citizens to leave Iran and avoid travelling to the country as nationwide protests intensify and the security situation continues to deteriorate.

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India on Wednesday asked all its nationals currently in Iran to leave the country using available commercial means, citing a sharp deterioration in the security situation amid widespread anti-government protests and a heavy crackdown by authorities.

The government has also issued a strong advisory urging Indians to avoid travelling to Iran until further notice.

Advisory issued for Indian nationals in Iran

In a fresh advisory, the Indian Embassy in Iran said Indian citizens, including students, pilgrims, businesspersons and tourists, should leave Iran by available modes of transport, including commercial flights.

The embassy further advised Indian nationals and persons of Indian origin to exercise extreme caution, avoid areas witnessing protests or demonstrations, stay in regular contact with the embassy, and closely monitor local developments through official channels and local media.

Separately, the Ministry of External Affairs reiterated its warning, strongly advising Indians against travelling to Iran in view of the evolving situation. Earlier this month, the ministry had already asked citizens to avoid non-essential travel and urged those residing in Iran to remain cautious.

Protests spread nationwide

The unrest in Iran began late last month in Tehran after the Iranian currency, the rial, fell to record lows. What started as protests over economic hardship has since expanded into a broader movement demanding political change.

The demonstrations have now spread across all 31 provinces of the country, with the overall situation deteriorating significantly in recent days.

According to reports cited by media, the death toll from the nationwide protests has crossed 2,500, reflecting the scale and intensity of the ongoing crackdown.

Rising regional tensions

The developments in Iran have also contributed to heightened tensions in West Asia. The situation escalated further after the US president warned Tehran against the use of force on demonstrators and hinted at possible military action.

In a message addressed to protesters, the US president said that “help is on the way,” adding to the growing international pressure surrounding the crisis.

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Abhishek Banerjee presents alleged dead voters at poll rally, attacks EC over SIR

Abhishek Banerjee displayed 10 people allegedly marked as dead in Bengal’s draft electoral rolls, accusing the Election Commission and BJP of undermining voting rights through the SIR exercise.

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Abhishek Banerjee

Trinamool Congress MP Abhishek Banerjee on Tuesday intensified his attack on the Election Commission and the BJP-led Centre, presenting 10 people at a public rally who were allegedly marked as dead in the draft electoral rolls during the ongoing Special Intensive Revision (SIR) exercise in West Bengal.

Addressing the gathering in Cooch Behar, the Trinamool national general secretary called the individuals on stage and claimed they had been wrongly declared deceased despite being residents of the district since birth. He alleged that their names were struck off the electoral rolls during the SIR process.

Banerjee accused the Election Commission of acting under political influence and said the ongoing exercise was effectively depriving citizens of their fundamental right to vote.

Allegations over voter list revision

The Diamond Harbour MP claimed that around 3.5 lakh residents of Cooch Behar district alone have received notices citing logical discrepancies during the SIR process. He urged Trinamool workers to ensure that all affected individuals are re-included in the voter list.

Banerjee also alleged that the EC was focusing on removing names from electoral rolls instead of safeguarding democratic participation. He claimed that anxiety related to the SIR exercise had led to the deaths of around 78 people in the state.

Earlier this month, Banerjee had presented three individuals at another rally in South 24 Parganas district, alleging that they too had been marked as dead voters in the draft rolls.

Attack on BJP over unfulfilled promises

Targeting the BJP-led Centre, Banerjee accused the ruling party of failing to fulfil electoral promises made to the people of Cooch Behar since 2014. He cited commitments related to the formation of the Narayani battalion, a training centre named after warrior Chilarai, international status for the Madan Mohan temple, and the upgradation of Cooch Behar airport.

He also claimed that the 9-seater aircraft service between Cooch Behar and Kolkata, introduced in February 2023, is likely to be discontinued by the end of the month, alleging neglect by the Centre.

Assembly polls and political messaging

Calling on voters to back Trinamool candidates in all nine assembly seats in Cooch Behar district, Banerjee said the upcoming assembly elections would be a contest between the people of Bengal and the BJP. In the 2021 assembly elections, the BJP had won six seats in the district, while Trinamool secured three.

He thanked voters for defeating former Union minister Nisith Pramanik in the 2024 Lok Sabha elections and asserted that the Trinamool Congress would return to power in West Bengal for a fourth consecutive term under Chief Minister Mamata Banerjee.

Banerjee also criticised recent central agency actions in the state and accused the BJP leadership of insulting Bengal’s cultural and political legacy. He further alleged excesses by border forces against farmers working near the India-Bangladesh border and objected to NRC notices allegedly being sent to some residents of Cooch Behar.

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