In connection with the Panama Papers - an operation pertaining to stashing wealth in an illegal manner abroad, Bollywood star actress Aishwarya Rai has been summoned by the Enforcement Directorate to attend the preliminary investigation in Delhi. The 48-year-old actress has been accused of stashing wealth illegally in abroad countries. The actress was summoned by the ED to appear for investigation twice already and she had requested more time. Now, she will be having to attend the investigation without fail.
"The Enforcement Directorate started investigating alleged forex violations in 2017. It had issued notices to the Bachchan family asking them to explain their foreign remittances since 2004 under the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India," the statement from NDTV read.
"The Panama Papers are 11.5 million leaked documents from the secret files of Mossack Fonseca, a law firm headquartered in tax haven Panama. The obtained papers reveal clients of the law firm and their transactions. Mossack Fonseca's work was to invest in shell companies to help individuals evade taxes. Information for more than 2,14,488 individuals was first leaked on April 3, 2016 by the German newspaper Suddeutsche Zeitung. It included more than 300 Indians." The report from ZEENEWS portal read.
The Enforcement Directorate has been investigating the case already and the agency has now sought to investigate Aishwarya Rai directly. She is yet to react to the summors and the charges levied on her by the investigation agency.
"We summoned her for December 20. As of now we haven't got any reply from her side. The summon was sent to her Mumbai residence," said an ED official. If she doesn't join the probe, the ED will think of further legal action. They might seek legal opinion from the experts to decide the future course of action, the official added," an ED official was quoted saying the Deccan Herald.
Aishwarya Rai is the daughter in law of Amitabh Bachchan and it remains to be seen how she will handle the whole development. More details about this case will be out in the days to come. There are a few more Indian celebrities accused of these charges.
"The Enforcement Directorate started investigating alleged forex violations in 2017. It had issued notices to the Bachchan family asking them to explain their foreign remittances since 2004 under the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India," the statement from NDTV read.
"The Panama Papers are 11.5 million leaked documents from the secret files of Mossack Fonseca, a law firm headquartered in tax haven Panama. The obtained papers reveal clients of the law firm and their transactions. Mossack Fonseca's work was to invest in shell companies to help individuals evade taxes. Information for more than 2,14,488 individuals was first leaked on April 3, 2016 by the German newspaper Suddeutsche Zeitung. It included more than 300 Indians." The report from ZEENEWS portal read.
The Enforcement Directorate has been investigating the case already and the agency has now sought to investigate Aishwarya Rai directly. She is yet to react to the summors and the charges levied on her by the investigation agency.
"We summoned her for December 20. As of now we haven't got any reply from her side. The summon was sent to her Mumbai residence," said an ED official. If she doesn't join the probe, the ED will think of further legal action. They might seek legal opinion from the experts to decide the future course of action, the official added," an ED official was quoted saying the Deccan Herald.
Aishwarya Rai is the daughter in law of Amitabh Bachchan and it remains to be seen how she will handle the whole development. More details about this case will be out in the days to come. There are a few more Indian celebrities accused of these charges.