ED issues third summon to Shah Rukh over KKR shares row

The Enforcement Directorate (ED) has again issued summons to Shah Rukh Khan in connection with the sale of shares of his IPL franchise Knight Riders Sports Pvt Ltd (KRSPL).

SRK has been directed to remain present before the Mumbai ED office in the first week of November.

If the actor agrees to come and convey his confirmation to the ED officials, than it would be his second round of questioning in FEMA (Foreign Exchange Management Act) case.

However, Shah Rukh Khan’s spokesperson has reportedly denied, receiving any such summon from ED.

The KKR franchise is owned by Shah Rukh’s company Red Chillies Entertainment, which is in partnership with actress Juhi Chawla and her husband Jay Mehta from the Mehta Group.

The case is from 2008, when KRSPL sold shares to Mehta-owned Sea Island Investment for 8-9 times below their original value.

Further details awaited.