Bollywood superstar Shah Rukh Khan recorded his statement before the Enforcement Directorate (ED) here over the alleged undervaluation of shares of his co-owned IPL cricket team, Kolkata Knight Riders, official sources said here on Wednesday.
On Tuesday, Shah Rukh responded to the second summons in six months issued by the ED in mid-October pertaining to the probe into the alleged irregularities in the sale of shares of Knight Riders Sports Pvt. Ltd (KRSPL) to a Mauritius-based company.
The ED is investigating whether the shares of the team were allegedly undervalued as it could be violative of the provisions of the Foreign Exchange Management Act (FEMA).
Earlier, the ED had served a notice to Shah Rukh in May this year but the actor did not appear before the agency.
Prior to that, Shah Rukh was quizzed in 2011 for allegations that KKR had received illegal money transferred from certain foreign tax havens.
The company, KRSPL, which runs the KKR team, is jointly owned by Shah Rukh, Juhi Chawla and her husband Jay Mehta.
It is alleged that five million shares of KRSPL were sold to Mehta’s Mauritius-based company, Sea Islands Investments Ltd., in 2008 and were reportedly undervalued by eight-nine times.
In 2011, Shah Rukh was directed to provide relevant documents including the purchase of players, revenues, advertising details and the team’s shareholding pattern.
During Tuesday’s questioning, officials said Shah Rukh cooperated with the investigators and also provided relevant documents pertaining to the deals.
A lot of actors do get insecure about their movies but SRK is SRK AND not just the biggest star in the world but a humble goodhearted person, everything will be fine, everyone will be thrashed who wants to pull him down. he is the baadshah.
Mr. Box Office
Bollywood Baadshah
All Time Biggest Star
Global Megastar
Universal King Khan
160 Awards
Dr.ShahRukhKhan.
we love you.
Srk is GOD,legend,richest,biggest Megastar, the baadshah, the king,hit machine,love,
Most popular actor, the real DILWALA ?? waiting for Dilwale full film.
No One Can Touch SRK height..He Is The Biggest Movie Star India Ever Had.. ppl are just trying to use his name to be famous.
Post article about dilwale youtube likes, views etc records indicine.
he was busy he couldn’t finally he did, that’s good.
Chor SRK… Itna Paisa Hone ke Baad bhi Aysi Bachaani Harkate Karta hai..
BM vs Dilwale comparison:-
Cast: Dilwale better than BM
Director: BM better than Dilwale
Music: BM better than Dilwale
Trailer: BM better than Dilwale
Cinematography: BM better than Dilwale
Content: BM better than Dilwale (sure)
Script: BM better than Dilwale (sure)
bec of busy schedule he couldn’t before he finished dilwale shooting he did suddenly. fine!
Sir ji, get out from this, hope everything solves after this, such thing suits only on salman.
Dilwale trailer was boring and pathetic. Shahrukh ruined Aditya Chopra’s DDLJ and its legacy. Shame.
This TAX CHOR should be sent to jail…
India is still a underdeveloped country only because of such TAX CHORI and corruption. These criminals should be hanged out…
Shame on you @queen…!!!
SHAH RUKH KHAN IS LAW ABIDING CITIZEN UNLIKE DUSRA KHAN.
The King
Bribe and fix the officials before producing himself before ED Officials… Criminal act..
Anyway, waiting for the results and findings from the ED investigations…..
nowadays, if you want publicity, use SRK’s name indirectly or directly, SRK sells.
There is one comment which said that not even God can touch SRK. The use if God in this kind of manner is blasphemy and the last person who was money laundering and using bribes now sits in American jail. Now prayer ? is God prove your power and show not only the individual but SRK that you can not only touch him but you can bring him down for blasphemy against your name is a sin. SRK has been doing tax evasion for a long time and he did not appear not because he was busy. He was busy transferring funds Trinidad Red Steels and maybe making sure documents were probably doctored before presenting to ED. Don’t underestimate how people like him money launder and avoid taxes through bribes that’s how they get rich.
@geniusR…. You made a blasphemous statement that even God can’t touch SRK if he has not done anything wrong, many of you are referring to him that he is God. Now bear this in mind by these remarks God is going to reveal Himself and show you who is God and what He can do. You SRK fans are destroying his life by making such remarks that’s why his career is slipping because he and his dirty deeds and you folks are responsible.
He will be soon get rid of all this crap.
All these things need a lot of knowledge to understand what actully is happening in background.
I know there will be a Team of chartered accountants and other officials , working on it, but they slapped the notice to SRK as he was the face of KKR.
@chuhe 4:09 pm : Before that, murderer should sent behind the bars. What’s your take on that?
@Jhand the fake 4:46 pm : Criminal khan invested his full energy and money to fix the vitnesses of hit-and-run case. Also, he hired the most expensive lawayer to save his ass. No comments on that?
@Bajanpakistani 5:05 pm : There was an article at indicine where criminal khan was compared with god and he was portrayed as lord Ram. You had closed your eyes at that point of time?
Some fools think ED is using SRK name to get publicity. First of all ED is neither into movies nor in media, wth they need publicity ???? Such illiterates calls others as uneducated !!!!!!!!!
This is how he became rich !!!!!!! Tax ka ch0r !!!!!!!!!
He will be soon get rid of all this crap.
All these things need a lot of knowledge to understand what actully is happening in background.
I know there will be a Team of chartered accountants and other officials , working on it, but they slapped the notice to SRK as he was the face of KKR.
@chuhe 4:09 pm : Before that, murderer should sent behind the bars. What’s your take on that?
@Jhand the fake 4:46 pm : Criminal khan invested his full energy and money to fix the vitnesses of hit-and-run case. Also, he hired the most expensive lawayer to save his ass. No comments on that?
@Bajanpakistani 5:05 pm : There was an article at indicine where criminal khan was compared with god and he was portrayed as lord Ram. You had closed your eyes at that point of time?
@xzone time for you to wake up and smell ? the roses for you are a worse criminal than Salman Khan and even SRK and all the rapist sitting in Indian jails. You are a disillusioned moron that needs to find a mirror look at yourself and family and ask God to help you before you are admitted to a mental asylum. And by the way there is no one with a I’d bajanpakistani. Unless you are referring to SRK the Pakistani terrorist supporter. Have a nice day
@Xzone well said yaar king rocksssssssssssßss
@bajanpakistani 8:47 pm : I daily look at myself into the mirror and I didn’t find any thing abnormal. And as far as mental asylum is concerned, you all need that after you finish watching the 3 hours long mental torture in the form of “Prem ko doobne do”.
@xzone the retarded orangutan when he looked into the mirror he was shocked to realize that he is a descendant from the ape family like the ugly fugly whose nose is a volcano crater and whose mouth is so big he can swallow a whole watermelon. You and him should go back to the jungles of the apes.
Btw xzone I now know that you are the Pakistani terrorist that you are referring to. You plant your bomb ? of hatred on the Indian people. You will have to travel half way around the world to catch with this Indian born and bred but then you can refer to me as a Pakistani if you like because before the country separated we were all Indians.
Here is the khuda pahad aur nikla chuha thing :
http://www.veritenews.com/news/entertainment/dilwale-poster-copied-from-hollywood-film-the-best-of-me-shah-rukh-khan-rohit-shetty-bollywood-always-copies-/850/?seq=2
Sharam karo SRK and his fans !!!!!!!!!!!!!!!!! And they call Aamir as credit snatcher and Salman copy-paste, what is SRK now ?? (who dont even accept copying or give credit) !!!!!!!!!!!!!! Lol
salman fans ki fat gyi