NEW DELHI - A new investigation by the International Consortium of Investigative Journalists (ICIJ) and more than 100 news organisations around the globe reveals the offshore links of some of the planet’s most prominent people. The list included over 500 Indians. “In terms of size, the Panama Papers is likely the biggest leak of inside information in history - more than 11.5 million documents - and it is equally likely to be one of the...
most explosive in the nature of its revelations,” the consortium said of its investigation published on April 3. In India, The Indian Express ran several pages of the investigation reports alleging among other names that Bollywood superstars Amitabh Bachchan and Aishwarya Rai were directors in companies in Panama.
Aishwarya Rai’s media adviser told the paper that the information was false. While there was no reaction from those named in the Express report, the spokesperson for Aishwarya Rai said “no” when asked if she intended to issue a statement.
In 2004, India legally allowed investments abroad by companies, and later individuals, through the Liberalised Remittance Scheme.
Also named were Sameer Gehlaut of India Bulls, for properties owned in Bahamas, Jersey and the United Kingdom, and K.P. Singh of DLF for companies registered in British Virgin Islands. Vinod Adani, elder brother of industrialist
Aishwarya Rai’s media adviser told the paper that the information was false. While there was no reaction from those named in the Express report, the spokesperson for Aishwarya Rai said “no” when asked if she intended to issue a statement.
In 2004, India legally allowed investments abroad by companies, and later individuals, through the Liberalised Remittance Scheme.
Also named were Sameer Gehlaut of India Bulls, for properties owned in Bahamas, Jersey and the United Kingdom, and K.P. Singh of DLF for companies registered in British Virgin Islands. Vinod Adani, elder brother of industrialist
RSS Feed
