Big B denies knowing companies referred in Panama papers

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Mumbai, April 6: Megastar Amitabh Bachchan has denied knowledge about companies mentioned in the Panama papers which links them to him.

He issued a statement a day after being named among celebrities who feature in a massive leak of documents, some of which reveal hidden offshore assets.

“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 monies spent by me overseas. Monies that I have remitted overseas have been in compliance with law… after paying Indian taxes. In any event the news report does not even suggest any illegality on my part,” Bachchan said in the statement.

Bachchan’s daughter-in-law Aishwarya Rai who was also named, has also rejected the documents and her media adviser has  called the documents as “totally untrue and false”.

Aishwarya was director and shareholder of an offshore company, along with members of her family, before it was thought to have been wound up in 2008, according to media reports.

Leading Indian daily ‘The Indian Express” is among more than 100 media groups which have investigated a massive leak of 11.5 million documents from Mossack Fonseca, a Panama-based law firm with offices in 35 countries.

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