Former Rajasthan Royal co-owner threatens to expose finiachial irregularities
Former Rajasthan Royals co-owner Raj Kundra has sent ripples through the cricketing world with his announcement of impending revelations against a key figure linked to the Indian Premier League franchise. Taking to social media, Kundra hinted at releasing documented evidence of financial malpractice, including offshore money movement, irregular transactions, and what he described as deliberate suppression of co-promoter rights.He plans to go public with his claims during a press conference scheduled for June 2, with venue details expected to follow shortly. Kundra has promised to let the documents speak for themselves, asserting that his evidence will shed light on the inner workings of the franchise's financial dealings.advertisement
'I will soon be releasing documented evidence exposing serious financial misconduct, money laundering through offshore structures and hidden transactions involving a key promoter of the Rajasthan Royals. This includes willful suppression of co-promoter rights and entitlements, pattern of deceit and manipulation in shareholder dealings. The truth will be shared soon, and the documents will speak for themselves," Kundra wrote on his post.This explosive disclosure comes as yet another blow to Rajasthan Royals, who are already under scrutiny after a disastrous IPL 2025 campaign. The team finished 9th in the standings out of 10 teams, managing only four wins in 14 matches and failing to secure a spot in the playoffs.The timing has raised eyebrows, especially since Kundra's announcement follows the trailer release of The Traitors, a new Amazon Prime reality series where he appears as a contestant. Hosted by Karan Johar and set to premiere on June 12.advertisementKundra and his wife, actress Shilpa Shetty, had acquired a minority 11.7% stake in the Royals in 2009 but severed ties in 2015 after Kundra was barred from cricket-related activities due to his involvement in the 2013 IPL betting scandal.While the full scope of the alleged wrongdoing is yet to be unveiled, Kundra's claims have already triggered speculation and concern among cricket fans and league stakeholders — threatening to cast a fresh shadow over the Royals' already turbulent time.Stay updated on IPL 2025 with India Today! Get match schedules, team squads, live score, and the latest IPL points table for CSK, MI, RCB, KKR, SRH, LSG, DC, GT, PBKS, and RR. Plus, keep track of the top contenders for the IPL Orange Cap and Purple Cap. Don't miss a moment!Must Watch
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