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Rose Valley case spells trouble for SRK's wife
ED attaches bank accounts
New Delhi : What could spell trouble for Bollywood superstar Shah Rukh Khan's wife Gauri Khan and actress Juhi Chawla's husband Jay Mehta, the Enforcement Directorate (ED) has attached Rs 70 crore bank accounts of Knight Riders Sports (KRSPL) and St. Xavier's College, Kolkata, and others in connection with the Rs 17,520 crore Rose Valley chit fund scam probe.
A senior ED official said the agency had attached properties of various companies and individuals who received funds from the Rose Valley Group. Rs 16.2 crore bank accounts of Multiple Resorts, St. Xavier's College and KRSPL have been attached under the Prevention of Money Laundering Act (PMLA).
With the recent attachment, value of properties seized in the Rose Valley Group cases has reached around Rs 4,750 crore.
St. Xaviers College and KRSPL had received payments from the bank accounts of the Rose Valley Group, the official said.
Besides Gauri Khan and Mehta, Venky Mysore is also one of the directors of KRSPL. Mysore is also the CEO of the Indian Premiere League (IPL) team Kolkata Knight Riders (KKR), owned by Red Chillies Entertainment and promoted by Shahrukh Khan.
In October 2019, the ED questioned Mysore as the Rose Valley Group had sponsored the IPL team for two years.
It had also questioned Shahrukh Khan in 2015 in connection with the alleged Foreign Exchange Management Act (FEMA) violations in selling around five million KRSPL shares at an undervalued rate to Mehta.
