Bachchan’s philanthropic act?!

Amitabh Bachchan has relinquished his farmlands in Barabanki in Uttar Pradesh and Pune, which saw him getting involved in many controversies over past few months. Bachchan communicated his intent through a letter, expressing his desire to donate the Barabanki lands to the Gram Sabha and the Pune land to the original owners. Bachchan was accused of acquiring the Barabanki land through fraudulent means so that he can get the status of a farmer which was mandatory to safeguard his land in Pune. Meanwhile, another controversy regarding alleged violation of Foreign Exchange Management Act (FEMA) by Bachchan (which is being probed by the Enforcement Directorate (ED) and the Union of India) is waiting in the wings.

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Source: IIPM Editorial, 2008

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