Political career 1984 1987

In 1984, Amitabh briefly entered politics in support of long time family friend, Rajiv Gandhi. He contested Allahabads Parliament seat against H. N. Bahuguna, a well known politician, and won his MP candidacy by the highest victory margin ever for a parliamentary candidate in Indian history (68.2% of the vote).His political career, however, was short lived He resigned after three years, leaving his term incomplete. The resignation followed Bachchans implication in the Bofors scandal by a newspaper, which he vowed to take to court. Bachchan was eventually found not to be guilty of involvement in the ordeal.[citation needed] But since then he detached himself from the Gandhi family and after the demise of Late Rajiv Gandhi he was in deep financial crises because of losses in ABCL. His old friend Amar Singh helped him during the crisis. So he started supporting Mulayam in his political campaigns in an unofficial capacity. Jaya Bachchan joined Samajwadi Party and became a Rajya Sabha Member. In February of 2007, the Samajwadi Party in conjunction with the TDP, DMK, and other fronts wants to nominate Amitabh Bachchan for the candidacy of President of India. But Bachchan has said that he has no plans to contest the presidential election.