After Bachchans, Ajay Devgn named in Panama leaks

Earlier, Amitabh Bachchan and his daughter-in-law Aishwarya Rai Bachchan were named in the Panama documents.

The new name to join the club is that of Ajay Devgn, who maintains the repute of a private person and avoid making headlines for the wrong reasons.

The actor has reportedly bought 1000 shares of a British Virgin Islands company, Marylebone Entertainment Ltd., incorporated in 2013.

Reports suggested that Devgn bought the shares in the name of his company Nysa Yug Entertainment, of which he and his wife Kajol are co-owners.

The actor has admitted to holding the said overseas account saying that he made proper disclosure about the same while filing tax returns.

Big B and Aishwarya faced a lot of flak after their names surfaced in the Panamagate, in which the two were accused of holding offshore accounts and actively involved in company affairs through video-conferences.