Panama Papers: Latest leak exposes another Bollywood star Ajay Devgan

Bollywood actor and entrepreneur Ajay Devgan bought over the entire shareholding of a British Virgin Islands (BVI) company Marylebone Entertainment Limited in 2013, as per the latest leak involving Panama Papers.

Panama Papers: Latest leak exposes another Bollywood star Ajay Devgan

Zee Media Bureau

New Delhi: Bollywood actor and entrepreneur Ajay Devgan bought over the entire shareholding of a British Virgin Islands (BVI) company Marylebone Entertainment Limited in 2013 as per the latest leak involving Panama Papers. The entire financial exercise was done with a sole aim to acquire the overseas rights of Hindi movies.

As per Indian Express report, Marylebone Entertainment Ltd had instituted Mossack Fonseca & Co (BVI) Ltd as the agent during the time of formation of the company.

Hassan N Sayani, based in London, is said to be the original shareholder of the firm.

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