NEW DELHI–Superstar Shah Rukh Khan says he is not being targeted by the government after summons were issued on him by the Enforcement Directorate (ED) over alleged undervaluation of shares of his co-owned IPL cricket team, Kolkata Knight Riders.
The 50-year-old star said the legal case is being processed at its own speed and people should not see anything “illegal” in it.
When asked during an interview with ETV channel about a political party alleging that ED is targeting him, Shah Rukh said: “It’s nothing.”
He added: “The notice was issued in 2010. And it is 2015 now. This government was not in power at that time. No need to say that I am targeted. Everything is happening under normal legal course and I reply in normal legal course.”
The “Phir Bhi Dil Hai Hindustani” star noted that “there is no illegal thing. Those who don’t know that the notice was issued in 2010, they are the only ones who are saying these things”.
The ED is investigating whether the shares of the team were allegedly undervalued as it could be violative of the provisions of the Foreign Exchange Management Act (FEMA).
Earlier, the ED had served a notice to Shah Rukh in May this year, but the actor did not appear before the agency.
Prior to that, Shah Rukh was quizzed in 2011 for allegations that KKR had received illegal money transferred from certain tax havens abroad.