READ | Amitabh Bachchan denied link, records show he joined board meetings via phoneWhile Amitabh Bachchan did not respond to queries about the acquisition, Ajitabh Bachchan in an email said: “I have been an NRI since 1986 for about 20 years. Amitabh Bachchan has denied any link with the four offshore companies named in the Panama Papers that list him as director. All shares issued by Tramp Shipping were held by Sea Bulk Shipping Company (BVI), another company where Amitabh Bachchan served as director. One of these companies, Tramp Shipping, acquired MV Nile Delta in 1994 and renamed it MV Sea Delta. These three Bahamas companies were owned by another Bahamas company, Delta Shipping Company Ltd, which, in turn, was owned by two holding companies: Maxwell Holdings Ltd and Mattz Holdings.

Source: Indian Express June 12, 2016 23:48 UTC