Bollywood actors Amitabh Bachchan and his daughter-in-law Aishwarya Rai Bachchan have reportedly responded to the Enforcement Directorate’s (ED) notices with respect to their names being mentioned in the Panama Papers case. According to a PTI report, the actors responded to the notices issued under the Foreign Exchange Management Act (FEMA).
The report says that the actors might be summoned by the ED soon, as part of the probe. Thus far, the Income tax department has launched 33 prosecutions linked to the names revealed in the Panama Papers and is probing others.
When the leaks surfaced, records of the Panamanian law firm showed that Amitabh Bachchan served as director of four offshore shipping companies between 1993 and 1997.
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In the past, the actor has denied any wrongdoing, and has said that his remittances overseas were in line with Indian regulations.
The Panama Papers leak in April last year included the names of a number of Bollywood celebrities, including the Bachchans. The leak also revealed a list of individuals who had paid Mossack Fonseca, a law firm in Panama known for its “factory-like production” of offshore companies for wealthy individuals and others who sought a loophole in paying taxes.