Superstar Amitabh Bachchan and his daughter-in-law Aishwarya Rai are among celebrities who featured on Monday in a massive leak of documents, some of which reveal hidden offshore assets.
- Amitabh Bachchan, Aishwarya Rai among 500 Indians named in leaked data
- No evidence they used their companies for improper purposes
- Having an offshore entity is not illegal
The media adviser of Ms Rai, former Miss World and a hugely successful actor, has rejected the documents as "totally untrue and false".
Ms Rai Bachchan was director and shareholder of an offshore company, along with members of her family, before it was thought to have been wound up in 2008, according to the Indian Express.
Mr Bachchan has not yet commented on the documents.
As with many of the people named in the documents, there is no evidence offered that the Bollywood A-listers used their companies for improper purposes, and having an offshore entity is not illegal.
The Express is among more than 100 media groups which have investigated a massive leak of 11.5 million documents from Mossack Fonseca, a Panama-based law firm with offices in 35 countries.