Raj Kundra Questioned by EOW Over Alleged ₹60 Crore Fraud, Reveals Payment Details

Businessman Raj Kundra was recently questioned for over five hours by Mumbai’s Economic Offences Wing in connection with a ₹60 crore alleged fraud case. During the probe, he reportedly disclosed that part of the funds was paid as professional fees to Bollywood actors Bipasha Basu and Neha Dhupia. The questioning sheds light on financial flows in high-profile business and entertainment dealings, highlighting scrutiny on celebrity endorsements and investments.

Details of the Investigation

The EOW has been investigating financial irregularities linked to Kundra’s ventures, including large-scale cash movements and alleged misuse of investor funds. Officials are reviewing documents, contracts, and bank statements to trace the flow of money. Kundra’s disclosure about payments to actors is being examined in this context to verify transparency and legality.

Payments to Celebrities

According to reports, part of the ₹60 crore in question was directed toward professional fees for prominent actors for services rendered in media projects or endorsements. While the payments are not inherently illegal, investigators are evaluating whether proper disclosures and contracts were maintained and if any regulations were bypassed in the process.

Implications for Bollywood and Business Practices

This case highlights the intersection of business ventures and celebrity involvement in India’s entertainment sector. For Tier 2 and Tier 3 city audiences, it underscores the importance of accountability and transparency, even when high-profile personalities are involved. The probe may also prompt stricter scrutiny of contracts, fee structures, and financial reporting in film and media projects.

Legal Angle and Next Steps

The EOW is likely to summon other individuals linked to the transactions for questioning and may seek further documentation from companies and celebrities involved. Legal experts say the investigation could set a precedent for financial diligence in celebrity-backed businesses, influencing contractual norms across the industry.

Conclusion

Raj Kundra’s EOW questioning over the alleged ₹60 crore fraud highlights growing regulatory scrutiny in India’s business and entertainment sectors. The disclosure of payments to high-profile actors brings attention to transparency in financial dealings and may have wider implications for accountability in celebrity collaborations and investment ventures across the country.