Sports

Shikhar Dhawan Rs 4.5 Crore Assets, Suresh Raina Rs 6.64 Crore Mutual Funds Attached by ED

Shikhar Dhawan Rs 4.5 Crore Assets

The Enforcement Directorate (ED) has attached Shikhar Dhawan Rs 4.5 Crore assets and Suresh Raina’s mutual funds worth Rs 6.64 crore as part of a money-laundering investigation linked to an illegal betting app. The ED’s action comes under the Prevention of Money Laundering Act (PMLA) and targets financial transactions related to the banned platform 1xBet. Both cricketers were questioned regarding their alleged endorsement deals.

ED Attaches Shikhar Dhawan Rs 4.5 Crore Assets

The ED alleges that Dhawan and Raina knowingly promoted 1xBet in India through endorsements. The agency has attached Dhawan’s immovable property and Raina’s mutual funds while continuing to investigate other celebrities tied to the app. Authorities are probing financial links, tax evasion, and promotional activities to curb illegal betting operations in the country.

Also Read: Shikhar Dhawan Appears Before ED Over Illegal App Case