Amitabh Bachchan accused of Rs 500 scam

Bollywood’s Big B and Samajwadi Party gen.secretary Amar Singh have been accused for Rs500 crore money laundering scam. “Amitabh Bachchan is among the key stake holders in most of the companies, while Amar Singh’s wife Pankaja Singh is shown as a partner,” he said. Lal(additional DGP,UP) said: “The companies, mostly registered in Kolkata, were identified as Eastern India Chemicals Pvt Ltd, Sarvottam Pvt Ltd, Pankaja Art and Credit Pvt Ltd, EDCL Infrastructure Pvt Ltd, EDCL Powers Ltd and Energy Development Company.” Cases were registered under the Money Laundering Act as well as Prevention of Corruption Act. “The provisions of the Prevention of Corruption Act could be invoked in view of Amar Singh’s then appointment as chairman of the UP Development Council,” the official said. While complainant Tripathi could not be contacted, cops were not sure how they would proceed with the case. “A case of fraud has been registered with the Babupurwa police station and only after preliminary investigations are done will we be in a position to affirmatively comment on the actual extent of the alleged fraud,” he pointed out. source: sify