Shilpa Shetty BREAKS SILENCE In Rs 60 Cr ‘Fraud’ Case; Calls It “Mischievous Attempt To Put Criminal Liability” On Her

As reports continue to fly around about Shilpa Shetty and Raj Kundra being accused of fraud, the actress has finally released a statement. In the lengthy, but clear statement, Shilpa has responded to the allegations in the Rs 60 crore fraud case while also strongly denying any wrongdoing and clarifying her limited role with the company. Read on to know her statement.

Shilpa Shetty Speaks On Rs 60 Cr ‘Fraud’ Case

Calling it a ‘mischievous attempt’ to link her name to the Rs 60 crore fraud case, Shilpa Shetty began her statement by writing, “I am deeply saddened by the baseless attempt to link my name to this matter. My association with the company was strictly in a non-executive capacity, with no role in its operations, finances, decision making or any signing authority.”

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She continued, “In fact like several other public figures I had endorsed certain products for the home shopping channel, in a professional capacity, for which payments due to me remain outstanding
I want to put it on record that almost 20 Cr rupees has been loaned to the company by us as a family and the said amount remains unpaid.”

Shetty added, “The mischievous attempt to impute criminal liability on me, particularly after an unexplained delay of nearly nine years is legally unsustainable and contrary to settled principles of law.” The ‘Dhadkan’ actress continued, “Despite these facts, my name continues to be unnecessarily dragged into the proceedings, which is both distressing and unjustified. Such unwarranted allegations not only misrepresent facts but also result in a woman’s dignity, integrity, and reputation being unfairly trampled upon in the public domain.”

Quoting the Bhagavad Gita, Shilpa Shetty added, “As quoted in the Bhagavad Gita, “Failing to oppose injustice when it is your duty ,is itself Adharma.” With a quashing petition already filed before the Honourable Bombay High Court , I have complete faith in the judicial process and will be seeking appropriate legal remedies to protect my rights and reputation I respectfully request the media to take note of these facts and report responsibly by verifying the truthfulness of facts .

About The Case

The Mumbai Police has charged Shilpa Shetty and her husband, Raj Kundra with cheating, among other offences, based on a complaint by businessman Deepak Kothari. The case pertains to the now-defunct Best Deal TV Private Limited, a home shopping and online retail platform. The case was filed against Shetty, Kundra and directors of the company, in August after Kothari alleged that the couple duped him of nearly Rs 60 crore in a loan-cum-investment deal.

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Also Read: Amid Rs 60 Cr Fraud Case, Shilpa Shetty’s Lawyer Denies Claims Of IT Raid At Actress’ Residence; Calls Visit “A Routine Verification”

Grinell Jacinto

With nearly 10 years of experience, Grinell Esther Jacinto is the Desk Head of Bollywood Bubble. Her interests lie in everything that is kaleshi and she loves to dig deeper into the lives of B-town actors. She has a problem though – she loves horror films but will have chills the minute the theatres lights dims. She’s previously worked with Koimoi, UrbanAsian and SpotboyE.