Raj Kundra’s Pornography Case: In a significant development, the Enforcement Directorate (ED) has disclosed that in its investigation into the alleged pornography racket involving businessman Raj Kundra has not found any direct connection between Kundra and the controversial activities.
And now, the focus of the investigation has shifted to the intricate money trail associated with various bank transactions linked to the UK-based company Kenrin.
Official sources report that Kenrin, owned by Pradeep Bakshi, the official promoter of the HotShot app and Raj Kundra’s brother-in-law, is being investigated for its alleged involvement in multiple transactions with shell companies associated with money laundering.
The ED is examining the financial transactions involving Kenrin, with an aim to trace the funds flow and establish any illicit connections.
Official sources report that Kenrin, owned by Pradeep Bakshi, the official promoter of the HotShot app and Raj Kundra’s brother-in-law, is being investigated for its alleged involvement in multiple transactions with shell companies associated with money laundering. The ED is examining the financial transactions involving Kenrin, aiming to trace the flow of funds and establish any illicit connections.
As per the sources of ED, in January 2019 Saurabh Kushwah, CEO of Arms Prime Media Limited, approached Kundra to invest in the company. Kundra’s association with Arms Prime Media Limited continued until December 2019, during which the HotShot app was developed.
Later, the app was purportedly sold to Kenrin for $25,000, with ongoing maintenance responsibilities shared between Kundra’s Vihan and Kenrin. Now, the ED is reviewing bank transactions.
Meanwhile, Raj Kundra, who has consistently maintained his innocence, had earlier written to the Central Bureau of Investigation (CBI), seeking an investigation into the pornography case. He alleges that he is being framed due to a personal vendetta orchestrated by a fellow businessman collaborating with certain police officers.
