The Singham hero, Ajay Devgan who has always remained in news for good reasons, especially for anti-corruption issues was recently claimed to be involved in the Panama Leaks. In the claims, Ajay is blamed of acquiring complete rights of a British Virgin Islands (BVI) company Marylebone Entertainment Limited in 2013.
According to the reports published in The Indian Express, the Mossack Fonseca and Co (BVI) was a registered agent of Marylebone Entertainment Ltd. The rights and original shares of the company were registered in the name of Hassan N Sayani, who was later on given 1000 shares.
Ajay Devgan on the same day acquired those 1000 shares from Hassan N Sayani, whereas the actor claims that the share acquisition was done under RBI guidelines and proper disclosure was made by him and his family in the tax returns.
According to Ajay’s accountant, Anil Shekhri, the acquisition of 1000 shares by Devgan was signed in the name of a partnership firm between Kajol and Ajay Devgan, known as Nysa Yug Entertainment.
Earlier Amitabh Bachchan and his daughter-in-law grabbed a lot of media attention in regards to the Panama Leaks. Both actors were claimed to have offshore accounts that are active and are being used for proceedings of companies through video conferencing.
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