Bachchan and Aishwarya Rai in Panama Papers list

Bollywood star Amitabh Bachchan and his daughter-in-law Aishwarya Rai's names have figured in a huge data leak from Panama based international law firm Mossack Fonseca, which exposed secret offshore dealings of global stars, political leaders, according to news reports.

The law firm  helped celebrities set up offshore companies in tax havens such as Bahamas and British Virgin Islands.

Records of Mossack Fonseca, accessed by The Indian Express show that four companies, in which Bachchan was appointed director, were registered in tax havens — one in the British Virgin Islands and three in the Bahamas.

The newspaper claimed that for at least three years, Aishwarya Rai, and her family were part of a company in the British Virgin Islands.

The documents allegedly show that Aishwarya's father Kotedadi Ramana Rai Krishna Rai, mother Vrinda Krishna Raj Rai and brother Aditya Rai were appointed on May 14, 2005, as directors of Amic Partners Limited — with an initial authorised capital of $50,000.