Indian film megastar Amitabh Bachchan on Tuesday denied links with
any of the offshore shipping companies in which he is supposed to be a
director according to the leaked “Panama Papers”.
“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,” the actor said in a statement.
“I have never been a director of any of the above stated companies,” he said. “It is possible that my name has been misused.”
Amitabh added: “I have paid all my taxes, including on monies spent by me overseas. Monies that I have remitted overseas have been in compliance with law, including remittances through LRS, after paying Indian taxes.
“In any event the news report in Indian Express does not even suggest any illegality on my part.”
“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,” the actor said in a statement.
“I have never been a director of any of the above stated companies,” he said. “It is possible that my name has been misused.”
Amitabh added: “I have paid all my taxes, including on monies spent by me overseas. Monies that I have remitted overseas have been in compliance with law, including remittances through LRS, after paying Indian taxes.
“In any event the news report in Indian Express does not even suggest any illegality on my part.”
The “Panama Papers”—based on an investigation by the International
Consortium of Investigative Journalists (ICIJ) and over 100 other news
organisations around the world—is a global list revealing offshore links
of over 500 Indians, including Amitabh and his star daughter-in-law
Aishwarya Rai Bachchan.
In India, The Indian Express released pages of the investigation
reports, alleging among other names that Amitabh and Aishwarya were
directors in companies in Panama.
Aishwarya’s media adviser told the newspaper that the information was false.
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