News

Shah Rukh's KKR summoned by Enforcement Directorate

by IBNS 12 May 2015, 09:16 pm

Mumbai, May 13 (IBNS) Actor Shah Rukh Khan's Kolkata Knight Riders (KKR) cricket franchise has been summoned by the Enforcement Directorate over alleged forex violations.

Media reports said the management of the  Indian Premier League team has been asked to appear for questioning by this month-end on allegations that shares were undervalued.

 Khan's office has denied having received any notice from the directorate, saying any such notice  would go to KKR and not individuals.

The actor  was questioned four years ago in Mumbai on money being invested in the IPL from  foreign tax havens.

He was reportedly asked to submit documents relating to the buying of players, advertising, revenue and the share holding pattern of his franchise.