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Film Finance Fraud: Bail Denied in Rs 3.92 Cr Case
29 Oct
Summary
- Alleged unaccounted funds of Rs 3.92 crore misused.
- Court rejected anticipatory bail for film consultants.
- Custodial interrogation deemed necessary for investigation.
In a significant development, a Dindoshi sessions court has rejected the anticipatory bail pleas of consultant Kuldeep Singh Champawat, line producer Shivkumar Tiwari, and executive producer Mahipal Rathore. The trio is implicated in a case involving alleged financial irregularities in the production of the Hindi film "Naagzilla."
The court's decision stems from the alleged unaccounted utilization of Rs 3.92 crore. Additional Sessions Judge M Mohiuddin MA highlighted that this involved "huge money" and required custodial interrogation for a thorough investigation. The charges include cheating, criminal breach of trust, and forgery, as registered by the D N Nagar police.
Prima facie, the court found sufficient material against the applicants, asserting that their interrogation was essential to unravel the complex financial transactions. The ruling emphasizes the gravity of the alleged financial misconduct in the film industry.
