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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.

India News

West Bengal government to stop welfare funds for imams and temple priests

West Bengal’s new government has announced the end of monthly honorariums for imams, muezzins and temple priests as part of a policy shift away from religion-based welfare schemes.

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The newly formed government in West Bengal has announced that welfare schemes linked to religious identity, including monthly honorariums for imams, muezzins and temple priests, will be discontinued from June.

The policy marks a major shift from the earlier Trinamool Congress government, which had introduced financial assistance programmes for religious functionaries after coming to power in the state.

According to reports, the first such scheme was launched in 2012, under which registered imams in West Bengal received a monthly honorarium of Rs 2,500. Similar support was later extended to muezzins and Hindu temple priests.

The new administration led by Suvendu Adhikari has maintained that government welfare initiatives should not be distributed on the basis of religion.

The announcement comes shortly after the BJP formed the government in West Bengal following the recent Assembly elections.

The decision is expected to trigger political debate in the state, as the honorarium schemes had remained a key issue in Bengal politics for several years.

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India News

ED arrests AAP Goa co-incharge Deepak Singla, Atishi alleges political targeting

AAP leader Deepak Singla was arrested by the Enforcement Directorate following searches linked to an alleged bank fraud case, triggering sharp political reactions from the party leadership.

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The Enforcement Directorate (ED) on Monday arrested Aam Aadmi Party leader Deepak Singla after carrying out searches at multiple locations in Delhi and Goa in connection with an alleged bank fraud-linked money laundering case.

Singla, who serves as the AAP’s Goa co-incharge, was questioned for several hours before being taken into custody by the agency. Officials said the searches were conducted by the ED’s Delhi Zonal Office-2.

The development comes months before the Goa Assembly elections scheduled next year and has triggered a strong reaction from the AAP leadership.

AAP national convenor Arvind Kejriwal claimed that Singla was being targeted for political reasons and alleged that he was arrested because he refused to join the BJP.

Reacting to the ED action, Atishi accused the BJP of using central agencies against opposition parties in poll-bound states. She alleged that the raids were aimed at intimidating party workers and accessing the party’s organisational data in Goa.

Senior AAP leader Manish Sisodia also criticised the Centre and alleged misuse of institutions such as the ED and CBI against opposition leaders.

According to reports, this is not the first time Deepak Singla has faced scrutiny from the ED. In 2024, the agency had also conducted searches at his residence in connection with the same alleged money laundering investigation.

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10 killed in head-on collision between van and truck on sisaiya–lakhimpur highway

At least 10 people were killed after a van and truck collided head-on on the Sisaiya–Lakhimpur highway in Uttar Pradesh.

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At least 10 people were killed after a van and a truck collided head-on on the Sisaiya–Lakhimpur National Highway in Uttar Pradesh’s Lakhimpur Kheri district.

The impact of the collision was severe, leading to multiple fatalities on the spot, according to initial reports from the accident site.

Following the crash, local authorities and emergency teams reached the location and initiated rescue operations. The injured were shifted for medical treatment, while efforts were made to clear the damaged vehicles from the highway.

Police have taken cognizance of the incident and further investigation into the cause of the collision is underway.

This incident adds to the growing number of serious road accidents reported on highways in Uttar Pradesh, raising concerns over traffic safety and enforcement in high-speed zones.

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