Just in: Amitabh Bachchan reacts to his name being mentioned in the Panama Papers scandal. The superstar denies any link to the Panama Papers and says it is possible his name has been misused.

"Don't know any of companies referred to by media and I have never been a director of any of those companies. It is possible that my name has been misused. I've paid all my taxes including on monies spent by me overseas.
Monies that I've remitted overseas have been in compliance with law, including remittances through LRS, after paying Indian taxes," Bachchan says.


More than 11 million documents from the secret files of Mossack Fonseca, a law firm headquartered in tax haven Panama, known for its factory-like production of offshore companies for its worldwide clientele of the well-heeled. These records reveal a list of individuals who have paid the firm -- and bought the benefits of the secretive, lax regulatory system in which it operates -- to set up offshore entities in tax havens around the world.

As many as 500 Indians have been named in a massive leak of 11.5 million tax documents exposing their secret offshore dealings. An investigation by The Indian Express claimed that Amitabh Bachchan and Aishwarya Rai Bachchan are also named in the massive leak of documents from the secret files of Mossack Fonseca, a law firm based in tax haven Panama.