The troubles of IPL team Rajasthan Royals are going to increase. Former co-owner of Rajasthan Royals Raj Kundra will reveal the financial irregularities related to a major promoter of the franchise. He has announced that he will soon release a document related to this. On May 29, Raj Kundra has accused a major promoter of Rajasthan Royals of serious misconduct on his official LinkedIn handle and has talked about releasing financial evidence. Raj Kundra has told through a LinkedIn post that he will hold a press conference for this on June 2. In his post, he has also mentioned money laundering and hidden transactions through offshore structures, which point to the promoter’s involvement in suspicious financial transactions. Raj writes on LinkedIn – ‘I will soon release documented evidence exposing money laundering through offshore structures and serious financial misconduct, hidden transactions related to a major promoter of Rajasthan Royals. This includes deliberate suppression of co-promoter rights and entitlements, fraud and manipulation in shareholder transactions. The truth will soon come out and the documents will tell everything themselves.’ Raj shared a photo tagging the Board of Control for Cricket in India, on which was written ‘Karma Bol’. He wants the BCCI to pay attention to this. Another photo post has been shared stating that the PR team will announce the venue of the press conference on Monday. Let us tell you that in the year 2009, Raj Kundra and his wife actress Shilpa Shetty bought 11.7% stake in Rajasthan Royals for around 15.4 million. However, in 2015, Rajasthan Royals were accused of match and spot fixing and the team was banned for two years. Raj Kundra was found guilty in the case and was also arrested. After this case, Raj and Shilpa parted ways with the franchise.
