Bollywood actress Aishwarya Rai Bachchan was questioned by Enforcement Directorate (ED) on Monday at its headquarters in Delhi in a case linked to the 2016 Panama papers case. She is facing money-laundering allegations for her involvement in an offshore trust. A source revealed that Aishwarya is one of the directors in a trust which is being probed for alleged money laundering of tax and income. The actress’s mother and other family members are also likely to question in the same case for the involvement.
Her husband Abhishek Bachchan and father-in-law Amitabh Bachchan are already facing investigations in separate cases being probed by ED under the Foreign Exchange Management Act (FEMA) and the Prevention Of Money Laundering Act (PMLA).
The Bachchans including Aishwarya Rai, have been questioned for their involvement in the separate cases registered in tax early 2004-05. many of the trusts, generally created for tax evasion and holding of unaccounted assets, have been shut from 2016 since the Panama paper’s leaks.
As per reports, a multi-agency probe has revealed that unaccounted income of more than 20,000 crores was laundered by at least 970 individuals in the two papers leak cases. Many of these cases have been booked under the Black Money Act and the PMLA. Taxes of 154 crores have been collected from some of the individuals in some cases.
According to the Ministry, in 52 cases of Panama Papers and Paradise Papers leaks, criminal prosecution complaints have been filed under the Black Money and Undisclosed Foreign Income and Assets Act. Further, in 130 cases proceedings under the Blck Money Act have been initiated.