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Movie producer files complaint against financier

Murugan filed the complaint at city police commissionerate and levelled usury, extortion and criminal intimidation charges against the financier.

Chennai: Murugan, the producer of Aravind Samy-starrer Bascar Oru Rascal, filed a complaint against financier Sanjay Lalwani for allegedly demanding exorbitant interest, on Monday.

Murugan filed the complaint at city police commissionerate and levelled usury, extortion and criminal intimidation charges against the financier.

According to the complaint, Murugan had received Rs 1.4 crore from financier Sanjay Lalwani at different stages of the film’s production by pledging satellite and theatrical rights of Tamil, Malayalam and Telugu versions of the movie and satellite rights for the Hindi version. The monthly interest of Rs 5.6 lakh was paid to the tune of Rs 73 lakh.

“Even after paying another Rs 70 lakh amounting to Rs 1.41 crore, Sanjay Lalwani refused to release the rights of the film and allegedly demanded another Rs 3.16 crore and threatened to sell the rights worth Rs 5 crore to a third party,” the complaint stated.

( Source : Deccan Chronicle. )
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