ED summons Shahrukh Khan over KKR shares

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Mumbai: Amidst the season of IPL 8 it is some torrid time for KKR co owner Sharukh Khan. It is learnt that the Bollywood Badshah has been summoned by the Enforcement Directorate in connection to forex violation after it was discovered that the KKR team shares were undervalued. ShahRukh will have to appear before the Enforcement Directorate by month end, the report stated.

Last month, ED had summoned Shah Rukh Khan questioning him about the violation, during the inquiry of IPL cricket teams which violated several rules for money transaction. An audit by the Enforcement Directorate (ED) concluded that Kolkata Knight Riders’ shares were undervalued during a transfer transaction.

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