India

ED attaches assets worth Rs 98 cr of Shilpa Shetty, Raj Kundra in Mumbai, Pune

Individual valuation of the assets/shares that have been attached has not been revealed by the ED.

Mumbai: In a major swoop, the Enforcement Directorate (ED) has slapped provisional attachment orders on the properties of Bollywood actress Shilpa Shetty and her husband Ripu Sudan Kundra, alias Raj Kundra, here on Thursday.

The movable and immovable properties, worth around Rs 97.79 crore, belong to the Kundra couple and the action has been taken under the Prevention of Money Laundering Act (PMLA), 2022, said the ED.

They comprise a residential flat in the posh Juhu area of suburban Mumbai which is in the name of Shilpa Shetty, plus a bungalow in Pune and equity shares belonging to Kundra.

The individual valuation of the assets/shares that have been attached has not been revealed by the ED.

More details are awaited

This post was last modified on April 18, 2024 1:03 pm

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Indo-Asian News Service

Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. The service reports news, views and analysis from the subcontinent about the country, across a wide range of subjects.

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