SRK gets Summons from ED !!
Enforcement Directorate issue summons to Bollywood superstar Shah Rukh Khan in connecting with violation of Foreign exchange management act norms. ED said IPL franchise Kolkata knight riders sports which is co owned by Shah Rukh Khan and Juhi Chawla’s husband Jay Mehta has violated the terms by
Foreign Exchange Management Act (FEMA) and which can be opposing the shares transferring them.
ED said Shah Rukh being a huge personality should have not of such things for sure. ED accuses SRK has sold out the shares to Jay Mehtha’s Mauritius company sea island investments in 2008, Even when KKR’s share was about 80+ he sold it for 10rs per share to Jay’s form. SRK needs to appear before the enforcement directorate officials citing he was in Hyderabad to take part in shooting of his new movie Dilwale.
ED summoned SRK for the first time in may 2015 and this is second time they are enforcing their summons again in this case.