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You are here: Home / Archives for Amitabh Bachchan

Fresh claims on Bachchan in ‘Panama Papers’, equally fresh denial

April 21, 2016 by Nasheman

Bachchan Panama Papers

New Delhi: Even as a fresh report on the “Panama Papers” alleged Amitabh Bachchan “participated” in board meetings of two off-shore companies “by telephone conference”, the actor himself has said his name was “misused” and that nothing illegal has been attributed to him.

The Indian Express reported on Thursday that Sea Bulk Shipping and Tramp Shipping had passed a resolution each on December 12, 1994, in connection with a loan of $1.75 million from Dallah Albaraka Investment Company.

The loan was for Constellation Ship Management for the purchase of all the shares issued by Tramp Shipping and held by Sea Bulk Shipping. Besides Tramp and Sea Bulk, the paper had said Bachchan was managing director for two other offshore entities — Lady Shipping and Treasure Shipping.

“Both resolutions recorded Bachchan’s participation in board meetings ‘by telephone conference’. In their certificate of incumbency issued the same day, both companies also recorded Bachchan as director. The companies had the same directors, including Bachchan, and officers,” it said.

In response, Bachchan’s office sent a rejoinder, which was also posted on his twitter account.

“On Panama disclosures, I wish to state that queries continue to be sent to me by the media. I would humbly request them to kindly direct these to the GOI (Government of India) where I, as a law abiding citizen, have already sent, and shall continue to send, my responses,” the post said.

“I stand by my earlier statement on the ‘misuse of my name’ in the matter and in any event the press reports do not disclose any illegal act committed by me.”

The Indian Express, based on Mossack Fonseca records, said Umesh Sahai of Jersey-based corporate service provider City Management (now Minerva Trust) was one of the founder-directors of the four shipping companies and that he had appointed Bachchan as director and managing director in 1993.

“He (Sahai) also signed the board resolutions that recorded Bachchan’s participation in the December 12, 1994, meetings. Sahai did not respond to emails and phone calls seeking his comment on Bachchan’s statement denying any knowledge of the companies,” the newspaper said.

Bachchan’s name cropped up in the reports as part of a global expose of International Consortium of Investigative Journalists (ICIJ) and over 100 global media organisations, based on millions of leaked documents of the Panama law firm Mossak Fonseca.

A high-level probe team has been constituted, with members drawn from the various agencies of the finance ministry and the Reserve Bank of India (RBI) based on the orders issued by Prime Minister Narendra Modi. Indian authorities have already said not all off-shore funds need be illegitimate.

(Agencies)

Filed Under: India Tagged With: Amitabh Bachchan, Panama Papers

Panama Papers: Congress wants removal of Amitabh from ‘Save Tiger Project’

April 8, 2016 by Nasheman

Amitabh Bachchan

New Delhi: With actor Amitabh Bachchan’s name figuring in the Panama Papers leaks, the opposition Congress in Maharashtra on Thursday sought his ouster as state’s ambassador for the ‘Save Tiger project’ even as a BJP MLA objected to the ‘vilification campaign’ against the Bollywood megastar.

“Till Bachchan gets a clean chit in the Panama Papers case, he should be removed as tiger brand ambassador as well as from advisory panel on the development of part of the Bandra Kurla Complex as International Finance and Services Centre,” the Leader of Opposition Radhakrishna Vikhe Patil said while raising the issue in Lower House.

Incidentally, Bachchan visited Mantralaya on Thursday to attend a meeting of the panel.

“It would be improper if Bachchan continues to occupy the two posts especially when his name has allegedly figured in the Panama Papers,” the opposition leader said.

The Papers are a leaked set of 11.5 million confidential documents that provide detailed information about more than 214,000 offshore companies listed by corporate services provider Mossack Fonseca.

“Bachchan should be removed from the two posts till the inquiry launched by Prime Minister Narendra Modi in this regard is complete,” the opposition leader said.

BJP MLA Yogesh Sagar objected to the ‘vilification campaign’ against a star of Bachchan’s repute.

Bachchan, whose name figured in the leaks as allegedly having links with offshore entities in two tax havens, had already denied any connection with those companies, saying his name may have been “misused”.

“I do not know any of the companies referred to by Indian Express – Sea Bulk Shipping Company Ltd, Lady Shipping Ltd, Treasure Shipping Ltd, and Tramp Shipping Ltd. I have never been a director of any of the above-stated companies. It is possible that my name has been misused,” he had stated after the Indian Express newspaper broke the story.

(Agencies)

Filed Under: India Tagged With: Amitabh Bachchan, Congress, Panama Papers

Massive tax evasion: Amitabh, Aishwarya among 500 Indians with hidden assets

April 4, 2016 by Nasheman

aishwarya-rai-amitabh-bachchan

New Delhi: The names of actors Amitabh Bachchan and Aishwarya Rai Bachchan, real estate tycoon KP Singh and late gangster Iqbal Mirchi figured in a list of over 500 Indians who allegedly used a law firm in Panama to set up offshore entities in tax havens across the world, a newspaper reported on Monday.

The Indian Express said a study of more than 11 million documents from the secret files of Mossack Fonseca, the Panama law firm, showed that Indians possibly violated tax rules or masked ownership of firms they allegedly set up abroad.

The newspaper claimed that while Aishwarya Rai was a shareholder of a firm in the British Virgin Islands, her father-in-law – superstar Amitabh Bachchan – was the director of four shipping companies in the Bahamas. It said Indiabulls owner Sameer Gahlaut acquired “three top London properties” via “entities” in the Bahamas and Jersey, and DLF promoter KP Singh and his family owned firms in the British Virgin Islands.

The promoters of Apollo Tyres, business tycoon Gautam Adani’s elder brother Vinod Adani, West Bengal politician Shishir Bajoria and former Loksatta Party leader Anurag Kejriwal were some other Indians named in the newspaper report.

Until 2003, Reserve Bank of India (RBI) norms did not allow an Indian citizen to set up an overseas entity. In 2004, resident Indians were allowed to remit funds of up to $25,000 a year under the Liberalised Remittance Scheme (LRS) – the limit of which stands at $250,000 a year now.

The media claimed that while RBI let individuals buy shares under LRS, it never permitted them to set up companies abroad. The Mossack Fonseca documents allegedly show companies were set up long before the rules were changed, and the purpose may have been to park foreign exchange in a tax haven.

Individuals named in the newspaper report were yet to comment, and government officials were expected to respond later. The report in the Indian Express formed part of an investigation by an international coalition of media outlets into the offshore financial dealings of the rich and famous, based on a vast trove of documents provided by an anonymous source.

The International Consortium of Investigative Journalism, a non-profit organisation based in Washington, said the cache of 11.5 million records detailed the offshore holdings of a dozen present and former world leaders, besides businessmen, criminals, celebrities and sports stars. Political figures from Iceland, Ukraine, Pakistan, Saudi Arabia, Russia and Argentina were named in the reports.

Hindustan Times wasn’t immediately able to verify the allegations made in the articles that were published by over 100 news organisations across the world.

(Agencies)

Filed Under: India Tagged With: Aishwarya Rai, Amitabh Bachchan, Panama Papers

Amitabh Bachchan first choice to replace Aamir for ‘Incredible India’

January 7, 2016 by Nasheman

Aamir Khan Amitabh Bachchan

New Delhi: Megastar Amitabh Bachchan, brand ambassador of Gujarat tourism, is the Modi government’s first choice as the new face of its ‘Incredible India’ campaign after actor Aamir Khan ceased to be its mascot.

“Amitabh Bachchan will be the first choice of the ministry for the job,” a Tourism Ministry source said, adding actors Akshay Kumar, Deepika Padukone and Priyanka Chopra are among those under consideration.

He described the veteran actor as a “non-controversial” figure and noted that Bachchan was the key face for promotion of tourism in Gujarat which has seen an “upsurge” after he was hired by the state.

Khan, whose comments on perceived intolerance in the country had invited flak from BJP, ceased to be the mascot for the campaign as the contract for it expired.

“It was the (private) agency which has hired him. Since the contract with the agency is no more, automatically the arrangement with the actor no longer exists,” Tourism Minister Mahesh Sharma had said yesterday.

Khan today said he respected the government’s decision to “discontinue” with his services while making it clear that he never charged anything for the ‘Atithi Devo Bhava’ campaign.

“It is the prerogative of the government to decide whether they need a brand ambassador for any campaign, and if so, who that ambassador should be,” he said in a statement.

(PTI)

Filed Under: India Tagged With: Aamir Khan, Amitabh Bachchan

Bachchan requests UP govt to donate pension for charity

October 21, 2015 by Nasheman

Amitabh Bachchan

Mumbai: Actor Amitabh Bachchan has requested the Uttar Pradesh government to donate the monthly pension announced for him, his wife Jaya and actor son Abhishek as Yash Bharti awardees of the state, to charity.

UP Chief Minister Akhilesh Yadav had yesterday announced Rs 50,000 monthly pension to Yash Bharti awardees of the state.

The award is given to eminent persons belonging to the state in the fields of art, culture, sports, literature, medicine, journalism and social service.

The 73-year-old actor, who originally hails from Allahabad, UP, stated that he will write to Yadav on the matter.

“Whereas I respect the UP Govt’s honour of the Yash Bharati Award to members of my family, and their decision as per reports in the press, for providing pension of Rs 50,000 per month to each recipient, I am requesting the UP Govt, with all humility, to redirect the entire amount designated for my family towards any noble charitable scheme or cause that benefits the poor and the needy.

“I shall be writing to the Chief Minister in this regard, in a separate communication,” Bachchan said in a statement.

(Agencies)

Filed Under: India Tagged With: Amitabh Bachchan, Pension, Uttar Pradesh, Yash Bharati Award

Movie Review: 'Piku' is a delightful journey of emotions via motions

May 11, 2015 by Shaheen Raaj

piku

Banner: MSM Motion Pictures, Saraswati Entertainment Creations Limited & Rising Sun Films
Producer: N. P. Singh, Ronnie Lahiri & Sneha Rajani
Director: Shoojit Sircar
Cast: Deepika Padukone, Amitabh Bachchan, Irrfan Khan, Moushumi Chatterjee, Raghuvir Yadav, Jishu Sengupta, Aniruddha Roy Chowdhury & Akshay Oberoi
Music: Anupam Roy

Director Shoojit Sircar of ‘Vicky Donor’ fame is a good & powerful director no doubt and he raises earth shaking humor in most of his films with the aid of a substance then be it a “sperm” (‘Vicky Donor’) or a man’s absolute necessity “motion” (the film in question ‘Piku’). So ‘Piku’ is a delightful journey of emotions via motions
Interlaced with comic interludes.

The plot of ‘Piku’ entails the story of Piku. Deepika Padukone portrays the titular protagonist, a Bengali architect living in New Delhi and Amitabh Bachchan plays her hypochondriac father. Irrfan Khan, Moushumi Chatterjee & Jishu Sengupta portray supporting roles. Piku Bannerji (Deepika Padukone), a successful architect is struggling to manage both her career and the responsibility of her 70 year old father Bhashkor Banerjee (Amitabh Bachchan), who can be quite the handful. The cranky Bengali senior is a hypochondriac and also happens to be perpetually constipated. His motions, or lack thereof, are the subject of virtually every conversation in their Chittaranjan Park home. He’s obsessed with details of the color, the texture, the size, and the consistency of his poop, which he insists on sharing with his daughter even when she’s at work or out on a date. In the father – daughter’s constant petty squabbles there are other character’s like Bhashkor’s 3 times divorced sister – in -law (Maushami Chatterjee), Sayed Afroz (Jishu Sengupta) Piku’s prospective suitor who is also the victim of his own motion problem &  completing the triangle with Piku & Bhaskor is Rana Chowdhary (Irrfan Khan), the owner of a private taxi company who volunteers to drive Piku and her father all the way from Delhi to Kolkata when the old man strongly insists on visiting his ancestral home. The film takes the shape of a road – trip movie from this point on and it’s Rana applying his trademark dry humor, who gets some of the best moments here. Amused by Bhaskor’s fixation on his tummy issues, Rana explains the merits of squatting on a Western style toilet, and in another hilarious scene draws out the entire digestive route of food for a fascinated Bhashkor.

Director Shoojit Sircar does not let even once the lead characters idiosyncrasies, turn into caricatures while all along delivering big laughs thanks to all the actor’s spot – on comic timing. Also bringing his best game to the film is Irrfan Khan. But it’s with the character of Piku that writer Juhi Chaturvedi pushes the envelope farthest, giving us a fully flesh & blood modern woman. Unembarrassed to admit she has sexual needs, unafraid to pursue a casual relationship with a colleague Sayed Afroz and never shy of snapping back at her patience – testing father. Shoojit Sircar and his entire team of the crew in lieu with the cast deserves a standing ovation for bringing such a marvellous film for the “meangful film” starved cinegoers. Shoojit Sircar keeps a breezy, light – hearted tone throughout, infusing a hint of humor even in the decidedly emotional or motion bits.

Performance wise Amitabh Bachchan towers above all with his towering performance. His mannerisms, his gait, his get up, his body language, his representation of a 70 year old man’s whimsical eccentrics in tandem with the finely tuned gamuts & nuances speaks volumes of his eternal histrionics skills. While the film also belongs to Deepika Padukone, she is just a bit too perfect as Piku. She has matched Sr. Bachchan step by step, scene by scene in fact in every single frame. Irrfan Khan, the 3rd angle of the eccentric triangle, is as usual too good to be true. In fact the trio of Amitabh Bachchan, Deepika Padukone & Irrfan Khan are simply outstanding. The rest of the cast comprising of Moushumi Chatterjee, Raghuvir Yadav, Jishu Sengupta, Aniruddha Roy Chowdhury & Akshay Oberoi not only form a far from perfect foil to the lead actors but they are all just too superb in their “Brief” roles.

Tail Piece: Film’s like ‘Piku’ comes once in a while bringing along with it a whiff of fresh air. So go ahead partake of its aroma before it gets withered & weather beaten. Once again a cautionary advice “Don’t Miss ‘Piku’ At Any Cost”.

Filed Under: Film Tagged With: Amitabh Bachchan, Bollywood, Deepika Padukone, Film, Irrfan Khan, Movie, Movie Review, Piku

Amitabh Bachchan to act with Shivarajkumar in 'Kabira'

March 21, 2015 by Nasheman

amitabh-bachchan-shivarajkumar

Bengaluru: Sandalwood is abuzz with rumours of Amitabh Bachchan’s return to Kannada cinema. According to media reports, Shivarajkumnar’s upcoming film Kabira, which will go on floors on Ugadi, might star the Bollywood actor.

Earlier, Big B acted in Nagathihalli Chandrashekar’s Amruthadare. Kannada audience were eagerly waiting for Amitabh to make a comeback to Sandalwood ever since.

Shivarajkumar’s Kabira movie will go on floors from Ugadi. Kabira is the remake of original movie Mahatma Kabir which starred Dr. Rajkumar in the lead role. According to the close sources to the movie, Kabira will star Amitabh Bachchan in a vital role. While we have seen Shivanna and Big B share screen space in the Kalyan Jeweller’s Ad, we have not seen them in a film. Now, will Bachchan accept to act with Shivarajkumar’s Kabira? Let’s wait for the official confirmation by the filmmakers.

(Agencies)

Filed Under: Film Tagged With: Amitabh Bachchan, Kabira, Shivarajkumar

Amitabh Bachchan to make his commentary debut for India vs Pakistan World Cup match

February 2, 2015 by Nasheman

According to a report in 'The Asian Age', Amitabh will join Kapil Dev and Harsha Bhogle in the commentary box at Adelaide on February 15 for the much-awaited match.

According to a report in ‘The Asian Age’, Amitabh will join Kapil Dev and Harsha Bhogle in the commentary box at Adelaide on February 15 for the much-awaited match.

Mumbai: An India vs Pakistan match is never short of drama and to add to that intensity for the World Cup encounter at The Gabba on February 15 will be India’s most iconic film personality – Amitabh Bachchan.

According to a report in the The Asian Age, Amitabh will join India’s 1983 World Cup-winning captain Kapil Dev and commentary expert Harsha Bhogle as the commentary team for the much-awaited match of the showpiece event.

The newspaper quoted film-maker R Balki confirming the news. He said that Amitabh’s commetary debut will double as promotion for his movie Shamitabh, besides exciting millions on both sides of the border.

“Mr Bachchan’s voice is the star of my film Shamitabh. The plot revolves around the baritone. There’s nothing that Mr. Bachchan’s voice can’t do. I think two voices, Lata Mangeshkar and Amitabh Bachchan, unite India and Pakistan better than anything else.”

Filed Under: India, Sports Tagged With: Amitabh Bachchan, Cricket, Pakistan, World Cup, World Cup 2015

Advani, Dilip Kumar, Amitabh conferred Padma Vibhushan

January 26, 2015 by Nasheman

padma-vibhushan

New Delhi: BJP leader L.K. Advani, spiritual leader and philanthropist Aga Khan, actors Dilip Kumar and Amitabh Bachchan and Punjab Chief Minister Parkash Singh Badal are among the nine awarded India’s second highest civilian honour, the Padma Vibhushan, Sunday.

Microsoft founder and philanthropist Bill Gates and his wife Melinda, journalists Swapan Dasgupta and Rajat Sharma, lawyer Harish Salve, filmmaker Jahnu Barua, former chief election commissioner N.Gopalaswami, wrestler-turned-coach Satpal, and maths “Nobel Prize” winner Manjul Bhargava were among the 20 recipients of the Padma Bhushan, said a home ministry release.

National hockey team captain Sardar Singh was among the five sportspersons chosen for this year’s Padma Shri awards.

Women’s badminton player P.V. Sindhu, former women’s hockey player Saba Anjum, Arunima Sinha — the first woman amputee mountaineer to climb Mount Everest, and Indian women’s cricket team skipper Mithali Raj were the other sportspersons selected for this year’s Padma Shri awards.

The Padma Shri has been awarded to 75 people.

Filed Under: India Tagged With: Aga Khan, Amitabh Bachchan, Dilip Kumar, L K Advani, Padma Vibhushan, Parkash Singh Badal

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