The Enforcement Directorate has summoned Bollywood stars and co-owners of Indian Premier League (IPL) franchise Kolkata Knight Riders (KKR), Shah Rukh Khan and Juhi Chawla, over alleged violation of foreign exchange rules in connection with the
Besides the two B-Town celebrities, the third co-owner, Chawla's husband Jay Mehta, has also been served the summon, IANS reports.
The Enforcement Directorate (ED) in Mumbai has asked all three to appear before the agency by May end for questioning on violation of FEMA (Foreign Exchange Management Act) norms and representation of undervalued shares in a transfer deal with Jay Mehta's overseas company, Sea Island Investments Ltd.
This is not the first time that the Bollywood actor has been summoned in connection with IPL team KKR. In 2011, Shah Rukh Khan was questioned by ED over allegations that the T20 tournament was illegally getting money from foreign tax heavens, according to NDTV report.
A year later, a Rajasthan court had served him a summon for smoking in a public place during an IPL match in Jaipur's Sawai Mansingh Stadium.
Khan is the joint owner of the IPL team that represents Kolkata in the T20 tournament, which is underway.