Panama Papers leak: New facts sharply contradict Amitabh Bachchan’s version

0

Actor Amitabh Bachchan had vehemently denied his links with any offshore entity in Panama Papers leaks.

On 4 April, Panama Papers leak had shown how, according to records of Panamanian law firm Mossack Fonseca, Bachchan served as director of four offshore shipping companies between 1993 and 1997.

Also Read | Panama Papers: Iqbal Mirchi, Adani elder brother, Amitabh Bachchan, Aishwarya Bachchan named in Tax Leaks

But new facts reveal that he had attended one of the directoras’ meeting via telephone.

A report by Indian Express on Thursday revealed that sharply contradicted Bachchan’s version.

According to new information obtained by the paper, meetings of Tramp Shipping Limited (Bahamas) and Sea Bulk Shipping Company Ltd (British Virgin Islands), were held on 12 December, 1994.

full-image

The venue of these meetings: “38/39, The Esplanade, St Helier, Jersey, Channel Islands, JE4 8SD.”

Bachchan’s name was also recorded in the list of directors and office bearers on the Certificate of Incumbency issued by both companies.

These records were related to a $1.75-million loan from a Jeddah-based investment company that also finds mention in Mossack Fonseca records investigated by The Indian Express.

The resolutions were in connection with a loan of $1.75 million from Dallah Albaraka Investment Company (DAICO) to one Constellation Ship Management (Bahamas) Ltd for purchasing all shares issued by Tramp Shipping and held by Sea Bulk Shipping.

Both resolutions recorded Bachchan’s participation in the board meetings “by telephone conference”.

LEAVE A REPLY