AP 'Brand Ambassador' Couples In Panama Papers Sensational Panama Papers have come up with a new list. The Panama papers which is leaking the names of the Black Money holders have enlisted several names so far. After Amitabh Bachchan and Aishwarya Rai Bachchan, Bollywood hero Ajay Devgn's name, too, has surfaced in the Panama Papers case. As per the report Devgan wholly owns a British Virgin Islands (BVI) company, Marylebone Entertainment Ltd, which was incorporated in 2013.
The actor has responded on the reports and admitted to holding an overseas account but denied any wrongdoing. He told that the company had been established under RBI guidelines for overseas direct investment route and proper disclosure has been made by his family while filing for tax returns.
Its known that Andhra Pradesh government recently appointed Bollywood celebrity couple Ajay Devgn and Kajol as brand ambassadors. Chief minister Chandrababu Naidu's decision appointing Bollywood actors has come under sharp criticism from various quarters. It remains seen if Andhra government will reconsider its decision or not.
News Posted: 4 May, 2016
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