Relief news for Raj Kundra, ED did not find a direct relation in the pornography case!

pc: amarujala

An important revelation has come to light regarding businessman Raj Kundra. In May 2022, the Enforcement Directorate (ED) initiated a money laundering investigation after he was made an accused in an alleged pornography racket by the Mumbai Police. Now a new update in the case indicates that the ED has not found any direct link between Kundra and the pornography racket.

According to official sources, the ED is focusing on the money trail linked to various bank transactions of UK-based company Kenrin. This company is allegedly linked to many fake companies involved in money laundering. Investigation revealed that Kenrin is officially owned by Pradeep Bakshi, who is Raj Kundra's brother-in-law. The firm is allegedly involved in several financial transactions with India-based shell companies.

The ED is conducting an audit to verify bank transactions related to Kenrin's money trail, specifically looking into how, when and from which accounts funds were transferred to Vihaan and other company accounts for the purpose of maintenance. Kundra's company Vihaan reportedly sold the Hotshot app to Kenrin for $25,000. However, Vihaan collaborated with Kenrin for the maintenance of the Hotshot app. ED sources suggest that they are verifying bank transactions to determine how the money was transferred between Vihaan and other company accounts for maintenance purposes.

A direct link to the uploading of adult content on the Hotshot app, which was earlier directly linked to Kundra, has not been conclusively established. It is noteworthy that Kundra had earlier written a letter to the Central Bureau of Investigation (CBI) regarding the investigation of the pornography case, claiming that he was being implicated. He alleged that the case was hatched out of a personal vendetta, involving the collusion of some businessmen and the police officers who had earlier arrested him.