Amitabh Bachchan denies links to Panama companies, says his name may have been misused

He clarifies that he doesn't own the companies referred to by media and that he has never been a director of any of them

Movie actor Amitabh Bachchan denied any links to the Panama companies and says his name may have been misused.

His name was among the 500 Indians, including his daughter-in-law Aishwarya Rai, in the Panama Papers' money laundering list that was released by the Panama law firm Mossack Fonseca. According to investigations by the Indian Express newspaper, Bachchan was the director of four shipping firms in BVL and the Bahamas in 1993, which traded in millions of dollars.

Don't know companies referred to by media, have never been a director of any of them, he said.

Monies that I've remitted overseas have been in compliance with law, after paying Indian taxes, he further said in the statement that he issued today.