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FOCUS ON SHILPA AS RAJ ADMITS TO BETTING.

Neeraj Kumar on Thursday said Rajasthan Royals coowner Raj Kundra has admitted to betting on matches as the businessman's passport was seized amid investigation into the spot- fixing scandal.

" We are currently collecting evidence that can prove Kundra's involvement in betting. We need to have direct evidence," Kumar said. It is illegal for an IPL franchise owner to indulge in betting. The Delhi Police also claimed that Kundra's wife, Bollywood actor Shilpa Shetty, may be involved in betting as well, and would be interrogated.

The police are planning to book Kundra under the gambling Act. The British- based businessman lost nearly ` 1 crore betting on Rajasthan Royals matches since he bought an 11.7% stake in the team in IPL 3.

Kumar said Kundra placed the bets through businessmancum- bookie Umesh Goenka, who is Kundra's partner in a steel firm. Special Cell commissioner S. N. Srivastava said Goenka had said in his statement to a magistrate that he used to place bets for Kundra, and made a reference to Shilpa placing bets " once".

Fingers in many a pie

BRITISH national Raj Kundra owns stakes in businesses across several sectors.

ESSENTIAL SPORTS MEDIA: Kundra and Shilpa are promoters in the entertainment company SHILPA SHETTY FOUNDATION: It deals with healthcare and education for orphaned children.

THE MARKET TOMORROW: Predicts next day's expected open, high, low & close for each stock being assessed K& K: Kundra & Kundra is a construction and interior design company FREEPLAY: Shilpa's foundation has tied up with Freeplay to provide selfpowered torches to children in areas ICONIC INVESTMENTS: A fund- trading firm in the equity market ASHWINI STEEL: Firm manufacturing mild steel ingots from mild steel scrap is promoted by Kundra, Karan Singh Gulati and Umesh Goenka GOLD GT: Investment firm GROUPHOMEBUYERS. COM: Shilpa is a partner in this firm that helps buyers select property at efficient cost SUPER FIGHT LEAGUE: A firm for the promotion of mixed martial arts

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Publication:Mail Today (New Delhi, India)
Date:Jun 7, 2013
Words:336
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