| Title |
PANAMA PAPERS LEAK |
|
Date-wise Events |
- April 04, 2016: Panama
Papers Leak - PM orders inquiry: Prime Minister
Narendra Modi ordered a multi-agency probe team on the
global Panama Papers expose which names 500 Indians for
alleged offshore holdings and vowed to take action against
all unlawful accounts held abroad.
- April 05, 2016: Comment /
clarification given by Mr. Amitabh Bachchan on the
controversy:
- "I do not know any of the companies referred to by
The 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, 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. "
|
|
Description |
• Among the 500 Indians
named for secret offshore dealings, Amitabh Bachchan and
Aishwarya Rai Bachchan also find mention in documents recovered
from Mossack Fonseca, a law firm based in tax haven Panama.
• Among those named in the report were Sameer Gehlaut of India
Bulls and K.P. Singh of DLF. Vinod Adani, elder brother of
industrialist Gautam Adani, politician Shishir Bajoria from West
Bengal and Anurag Kejriwal of Loksatta Party were also alleged
to have set up companies in tax havens.
• Among the global leaders named were 12 current and former
world leaders, including Pakistan Prime Minister Nawaz Sharif's
family members. It also sought to reveal how associates of
Russian President Vladimir Putin secretly shuffled as much as $2
billion through banks and shadow firms. |
|
