Shilpa Shetty and her husband, Raj Kundra, have finally spoken out about the 2014 gold scheme cheating allegations. Here’s what they said in this connection.
Shilpa Shetty and her husband, Raj Kundra, have finally broken the silence on 2014 gold scheme cheating allegations. A Mumbai trader named Prithviraj Saremal Kothari accused them of wrongdoing, but the couple denied it and said that they were not into any offense. Today, June 26, they released an official statement through their lawyer, Prashant Patil.
Their Official statement in response to the gold scheme cheating case
Shilpa and Raj In their statement, said they would handle the matter legally and cooperate fully with the investigation agencies in this matter. The trader, Kothari, filed a complaint against them in 2022. But soon after the police conducted a thorough investigation they found that year Kothari received the entire Rs 90 lakh he claimed through legal means.
Their lawyer made a statement claiming that Shilpa and Raj were innocent. He said “My clients bonafidely submitted these documents to the police department. After finding out the truth of the matter, the police delivered justice to my clients,” Despite this, Kothari filed another private complaint in court under Section 156(3) of the Criminal Procedure Code (CrPC). Two years later, the court then directed the police to reopen the investigation.
Commitment to Legal Process
Shilpa and Raj expressed confidence in a fair investigation and believed the truth would come out. They emphasized that they have not committed any crime, as proven by the documents they possess. The statement also mentioned that the contract with Kothari included an arbitration clause, which means any disputes should be resolved through arbitration, not criminal proceedings.
The statement criticized the use of criminal proceedings to settle commercial disputes, citing numerous Supreme Court and High Court judgments. Shilpa and Raj are prepared to fight this battle legally and they said that they will sue Kothari for malicious intentions at the appropriate time.
What’s Behind the Gold Scheme Cheating Case
In 2014, Prithviraj Saremal Kothari accused Shilpa Shetty and Raj Kundra of cheating people with a gold scheme in 2014. In this scheme, people were asked to pay money upfront for gold at a lower price, in return they would receive a certain amount of gold on the maturity date.
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