Published On: Thu, May 5th, 2016

After Bachchans, Ajay Devgn named in Panama Papers leak



The Panama Papers leak controversy recently took the industry by storm after the likes of Amitabh Bachchan and Aishwarya Rai Bachchan’s names cropped up in the infamous tax evasion scam. And the new name to join the bandwagon is that of Ajay Devgn who, as per a report on, is said to have bought 1000 shares of a British Virgin Islands company, Marylebone Entertainment Ltd., which was incorporated in 2013.

The report further claims that the actor bought the shares in the name of his company Nysa Yug Entertainment, which he owns with his wife Kajol. The actor has admitted to holding the said overseas account. Ajay has further stated that he has made proper disclosure about the same while filing for tax returns.

 Ajay is known to be a private person; someone who doesn’t court controversies and someone who doesn’t like to make headlines for the wrong reasons. However, the actor has grabbed the eyeballs for not-so-right reasons as his name has been cropped up in the Panama Papers leak.
Amitabh Bachchan and Aishwarya Rai faced a lot of flak after their names emerged in Panama Papers leak wherein they were accused of holding offshore accounts and being actively involved in the proceedings of those companies through video-conferences.
WATCH: Panama Papers Leak | Amitabh Bachchan Finally Breaks His Silence On Panama Tax Evasion Case
News Source TimesOfIndia

About the Author

Syed Ammar Alavi

- is Lahore (Pakistan) based journalist & writer with 25-year experience in print, wire and broadcast forms of journalism. His major fields of interest are politics, film,tv,sports, climate change and technology