Amitabh Bachchan’s name was one of the biggest reveals of the Panama Papers leak earlier this month. Although Bachchan denied his involvement several times, the authorities probing into the matter have now asked him about his financial transactions once again.
Sources claim that the IT department has now asked a new set of questions to the actor regarding his financial dealings detailed in the reports by the International Consortium of Investigative Journalists (ICIJ), who exposed all the offshore account holders and their firms.
Previously, when the department had questioned him, the megastar denied his connection to the four offshore firms detailed in the leak by Panamanian firm Mossack Fonseca.
A day after his name popped up in Panama Papers’ list of 500 Indians holding offshore accounts, Bachchan had released a statement claiming, ”I do not know any of the companies referred to by Indian Express–Sea Bulk Shipping Company Ltd, Lady Shipping Ltd, Treasure Shipping Ltd, and Tramp Shipping Ltd. I have never been a director of any of the above stated companies. It is possible that my name has been misused. I have paid all my taxes including on money spent by me overseas. Money that I have remitted overseas have been in compliance with law, including remittances through Liberalised Remittance Scheme (LRS), after paying Indian taxes. In any event the news report in Indian Express does not even suggest any illegality on my part”
For the second round of questioning, the department has given Big B a week’s time to respond.Back to latest news