The Enforcement Directorate (ED) has registered a money laundering case against film producer Prerna Arora.
Arora was booked and arrested in 2018 by the Economic Crimes Wing of the Mumbai Police for allegedly cheating film producer Vashu Bhagnani out of Rs 31.6 crore. ED’s case is based on the FIR registered by the Mumbai Police against her and they will now investigate whether Arora is involved in money laundering.
Arora is co-owner of KriArj Entertainment, which produced critically acclaimed films like Toilet Ek Prem Katha (2017) and Padman (2018). According to the EOW case, Arora and his aides had lured Bhagnani to finance the Padman and Kedarnath films and promised to give him the first right to post-release earnings, but then sold those rights to other organizations.
Furthermore, it is alleged that she failed to return Bhagnani’s money after which he approached the police and an FIR was registered for cheating and criminal conspiracy. Arora was arrested by the EOW in December 2018 and an indictment was filed against her in February 2019. In May 2019, she was released on bail by the Bombay High Court.
The ED, which suspects the producer of being involved in money laundering, filed a complaint against her and summoned her to its office for questioning on Wednesday. Arora requested time to appear before ED officials.