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LONDON – The Latest on the publication by a coalition of media outlets of an investigation into offshore financial dealings by the rich and famous (all times local):
India's top Bollywood actor Amitabh Bachchan has denied any connection to four shipping companies registered in tax havens following the publication of the names of rich and powerful people linked to the leaks, dubbed the Panama Papers.
He was responding to a report published Monday by The Indian Express newspaper based on the Panama Papers.
Bachhan tweeted an image of his statement late Tuesday: "It is possible that my name has been misused."
He said he did not know any of the companies he was allegedly linked to and has never been a director for any of them.
He added: "I have paid all my taxes including on monies spent by me overseas. Monies that I have remitted overseas have been in compliance with law, including remittances through LRS (Liberalized Remittance Scheme) after paying Indian taxes. In any event the news report in the Indian Express doesn't even suggest any illegality on my part."