Saif Ali Khan appeared on Panama Papers Leak?

The actors were a part of a 10-member consortium that had formed to bid for the Pune IPL team in March 2010 and which also included Videocon founder Venugopal Dhoot.

After Bollywood mega star Amitabh Bachchan was implicated in alleged international tax evasion and money laundering scandal exposed by the Panama papers leak, some other stars’ names have cropped up. Media reports said on Thursday that a consortium of 10 people that was formed to bid for the Pune IPL team in March 2010 and that included Bollywood actor sisters Kareena Kapoor Khan and Karishma Kapoor, had formed an offshore firm to control the franchise.

Kareena’s husband Saif Ali Khan was also a part of consortium, which also included industrialist Videocon founder Venugupal Dhoot’s firms and Pune-based realtors Chordia family. The members had formed P-Vision Sports in order to bid for the Pune Franchise, but had also earmarked 15 percent of the investment into an offshore company. The faceless company was named Obdurate Limited and it was was based in the British Virgin Isles, revealed the Panama Papers Leak, analysed by the Express.

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