Archive · 31 May 2025
Raj Kundra to Expose Rajasthan Royals Promoter's Financial Irregularities
Raj Kundra, who used to own part of the Rajasthan Royals cricket team, says he will reveal documents showing a key owner did wrong things with money.
He claims the owner used offshore accounts and hid financial deals.
Kundra, who is now on a reality show, says he'll share the proof soon.
He used to own part of the team with his wife, but they left in 2015.
The team has recently had a bad season in the cricket league.
Kundra's claims could cause problems for the team.
Raj Kundra plans to release evidence against a key Rajasthan Royals promoter.
He alleges financial misconduct, money laundering, and hidden transactions.
Kundra claims the promoter suppressed co-promoter rights and entitlements.
The announcement comes after a disastrous IPL 2025 season for Rajasthan Royals.
Kundra and Shilpa Shetty had an 11.7% stake in the team, ending ties in 2015.
- Who
- Raj Kundra, former co-owner of Rajasthan Royals.
- What
- Raj Kundra plans to release documented evidence of financial misconduct.
- When
- Evidence to be released soon, with a press conference scheduled for June 2.
- Where
- N/A
- Why
- Kundra alleges financial misconduct and money laundering by a Rajasthan Royals promoter.
- Key Figure
- Former Rajasthan Royals co-owner
- Allegations
- Financial misconduct, money laundering, hidden transactions
- Team Involved
- Rajasthan Royals
- Kundra's Stake
- 11.7%
- Kundra's Departure
- 2015, due to IPL betting scandal
- Planned Disclosure Date
- June 2