SignIn
Kerala Kaumudi Online
Wednesday, 19 June 2024 3.31 PM IST

ED probe against producers of Manjummal Boys; Many including actor Soubin to be grilled

soubin-shahir-

KOCHI: There will be an investigation by the Enforcement Directorate (ED) against Parava Films, the producers of the film 'Manjummal Boys'. The ED will investigate whether Parava Films has been engaged in black money transactions. The ED will grill many including actor Soubin Shahir and others in this regard. The ECIR registered by the ED last week, had sent notices to Soubin Shahir of Parava Films, his father Babu Shahir and Shaun Antony to appear for questioning but they failed to appear. Notice will be issued again.


There is also a case against Parava Films for committing financial fraud after promising profit share of the film. In the case filed by Siraj Valiyathara Hameed, a native of Aroor, the Maradu police had filed a report in the high court that the producers had cheated after promising a 40% profit dividend if he invested Rs 7 crore for the film. The ED comes with an investigation after this.

The ED had earlier raided production companies and others on black money transactions related to the film sector. The controversy related to Manjummal Boys arose after that. Although the film was a huge success, there were allegations of financial fraud. According to the directive of the Ernakulam Judicial First-Class Magistrate's Court, the police registered a case of financial fraud on the complaint of Siraj Hameed. The anticipatory bail plea of the accused is now in the high court.


Meanwhile, in the report submitted by the police to the high court, it is said that the producers deliberately cheated Siraj. The contract made by the production company with the complainant was to pay 40% dividend on investment of Rs 7 crore. The producers had said that the first schedule of the film was completed on November 30, 2022 when the contract was signed. However, at that time only the pre-production work of the film was completed.


The complainant paid a total of Rs 7 crore to the producers in 26 instalments of Rs 5.99 crore through account and the rest directly. The producers informed that Rs 22 crore were spent totally including distribution and marketing. However, from checking the accounts, only 18 crore Rs 65 lakh were spent including GST, according to the report. Siraj's claim is that the film has earned a profit of at least Rs 250 crore and even after deducting the production costs, there will be a profit of at least 100 crores, and according to the contract, he has to get at least Rs 47 crore.

JOIN THE DISCUSSION
TAGS: ED PROBE, PRODUCERS, MANJUMMAL BOYS, MANY INCLUDING, ACTOR, SOUBIN SHAHIR, GRILLED
KERALA KAUMUDI EPAPER
TRENDING IN KERALA
TRENDING IN KERALA
X
Lorem ipsum dolor sit amet
consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
We respect your privacy. Your information is safe and will never be shared.