Press Statement By Industrialist Raj Kundra Against False Allegations

To whomsoever, it may concern

It is to state that the claims made by the so-called NRI or Gutka Baron’s son (as the media terms him) namely Mr. Sachin Joshi is totally false and frivolous. I would like to clarify the news doing the rounds and blatantly picked up by other news agencies without verifying the facts with other parties involved. This act of Mr. Sachin Joshi is yet another attempt to malign and tarnish my image and reputation in the country. He has made several attempts before earlier so this is nothing new.

I would like to put on record that one company Satyug Gold Pvt. Ltd. in which I was an investor and director had launched a gold plan to provide gold to customers. The details of the scheme are not elaborated for the brevity of the matter. Every single order received from 100’s of customers since their inception has been fulfilled without a single complaint.

However, Mr. Sachin feels that the best way to get his gold is by filing a police complaint and media statements rather than collecting his gold from our offices or contacting us. As stated in the letter sent to police and at Mr. Sachin’s residential address we state again that Mr. Sachin Joshi’s gold is kept secured and he can collect his gold after complying with the terms and conditions and paying the balance due of Rs.17,35,000/- for which everything is mentioned in the T&C on the website. This matter is nothing more than revenge because of a cheque bouncing case against Mr. Joshi. In the past, he bounced cheques amounting to Rs. 40 lakhs against his purchase of a team in one of my sporting events. With regard to the unavailability and change of the office, I would like to clarify that our current address has been mentioned on our website. There has not been one instance where any of our customers faced difficulty reaching out to us other than Mr. Joshi or his claims.

I would appreciate if all media personnel verify facts before publishing such news as it ultimately proves out to be incorrect.

 

Thanking You

Jai Hind

Raj Kundra

Related Posts

“CONTINUUM” A Solo Art Exhibition By Artist Dr. Shefali Samir Bhujbal In Jehangir Art Gallery

From: 13th to 19th October 2026 “CONTINUUM” A Solo Art Exhibition by well-known artist Dr. Shefali Samir Bhujbal  VENUE: Jehangir Art Gallery M.G. Road Kala Ghoda, Mumbai 400001 Timing: 11am…

पावरस्टार पवन सिंह की फिल्म ‘लखन सिंह’ का ट्रेलर ‘ईगल भोजपुरी मूवीज’ 17 अक्टूबर को सुबह करेगी रिलीज

भोजपुरी फिल्म इंडस्ट्री के पावरस्टार पवन सिंह एक बार फिर बड़े पर्दे पर तहलका मचाने वाले हैं। बता दें कि भोजपुरी सिनेमा की पापुलर म्यूजिक कंपनी ईगल भोजपुरी मूवीज जहां…

You Missed

“CONTINUUM” A Solo Art Exhibition By Artist Dr. Shefali Samir Bhujbal In Jehangir Art Gallery

  • By admin
  • October 16, 2026
  • 18 views
“CONTINUUM” A Solo Art Exhibition By Artist Dr. Shefali Samir Bhujbal In Jehangir Art Gallery

Alia Bhatt’s Brand Ed-A-Mamma Celebrates Six Years

  • By admin
  • October 16, 2026
  • 15 views
Alia Bhatt’s Brand Ed-A-Mamma Celebrates Six Years

गोल्डन ट्री गारमेंट्स बने ‘द ग्रैंड क्राउन इंडिया 2026’ के स्पॉन्सर, फैशन और आत्मविश्वास के अनूठे मंच को मिला सहयोग

  • By admin
  • October 15, 2026
  • 28 views
गोल्डन ट्री गारमेंट्स बने ‘द ग्रैंड क्राउन इंडिया 2026’ के स्पॉन्सर, फैशन और आत्मविश्वास के अनूठे मंच को मिला सहयोग

पावरस्टार पवन सिंह की फिल्म ‘लखन सिंह’ का ट्रेलर ‘ईगल भोजपुरी मूवीज’ 17 अक्टूबर को सुबह करेगी रिलीज

  • By admin
  • October 14, 2026
  • 22 views
पावरस्टार पवन सिंह की फिल्म ‘लखन सिंह’ का ट्रेलर ‘ईगल भोजपुरी मूवीज’ 17 अक्टूबर को सुबह करेगी रिलीज

सुपरस्टार रितेश पांडे का भक्ति भाव से परिपूर्ण देवी गीत ‘आवतारी बघवा से’ वर्ल्डवाइड रिकॉर्ड्स ने किया रिलीज

  • By admin
  • October 14, 2026
  • 16 views
सुपरस्टार रितेश पांडे का भक्ति भाव से परिपूर्ण देवी गीत ‘आवतारी बघवा से’ वर्ल्डवाइड रिकॉर्ड्स ने किया रिलीज

गंगा पचिसिया – भारतीय संगीत की मधुर स्वर-साधिका — भक्ति, सुरों और सांस्कृतिक विरासत का सुंदर संगम Soulful Mehfil.

  • By admin
  • October 14, 2026
  • 23 views
गंगा पचिसिया – भारतीय संगीत की मधुर स्वर-साधिका — भक्ति, सुरों और सांस्कृतिक विरासत का सुंदर संगम  Soulful Mehfil.