Shah Rukh Khan's company under ED scanner in connection with the Saradha scam
The News Minute | October 1, 2014 | 11.40 am IST
Bollywood star Shah Rukh Khan’s company has now come under the Enforcement Directorate scanner in connection with the Saradha chit fund scam.
The ED has said that the money transferred between the actor’s Red Chillies, a movie production and distribution company, and Rose Valley, sponsors of Kolkata Knight Riders, was more than what was mentioned in the deal that was signed between the two companies.
The ED also said that an influential person was involved in the deal, refraining from naming the person, One India reported.
ED has seized around 2,500 bank accounts of Rose Valley after it had received a complaint from Securities and Exchange Board of India (SEBI).
The ED may call officials of Red Chillies and Shah Rukh Khan himself for further probe. The ED suspects that money has been transferred abroad via Kolkata Knight Riders, a substantial part of which is owned by the actor.
Read: Saradha scam: CBI to grill Trinamool MP, CPI-M leader