Big B served notice over foreign transaction
Gupshup
-Staff
By Staff
By:
Sunil
Noronha
Friday,
June
22,
2007
Actor
Amitabh
Bachchan
has
found
himself
in
another
controversy
-
this
time
violating
the
Foreign
Exchange
Management
Act.
According
to
a
Public
Intrest
Litigation,
the
star
has
arranged
fo
the
transfer
of
Rs.
10
crore
in
addition
to
6
million
US
dollars
without
the
mandatory
approval
of
the
Reserve
Bank
of
India.
The petitioner, journalist Nirmal Thakur, has brought forth the minutes of the meeting where the deal was made as proof of the transaction. A notice has been served on the actor.
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Comments
Story first published: Wednesday, July 25, 2007, 18:27 [IST]
Other articles published on Jul 25, 2007