City
Epaper

'Liger' money laundering probe: Vijay Devarakonda appears before ED

By IANS | Published: November 30, 2022 1:03 PM

Hyderabad, Nov 30 Popular Tollywood actor Vijay Devarakonda on Wednesday appeared before the Enforcement Directorate (ED) in connection ...

Open in App

Hyderabad, Nov 30 Popular Tollywood actor Vijay Devarakonda on Wednesday appeared before the Enforcement Directorate (ED) in connection with the investigation relating to sourcing of funds for his recent film 'Liger'.

The actor appeared before ED officials at the agency's regional office in Hyderabad. The central agency is investigating the alleged violation of Foreign Exchange Management Act (FEMA).

As per sources, Vijay Devarakonda is being questioned about sources of funding for the movie, his remuneration and payments made to other actors including American boxer Mike Tyson.

The ED officials had grilled film director Puri Jagannadh and actor-turned-producer Charmme Kaur on November 17.

They were questioned about the source of investment for Hindi-Telugu movie 'Liger' which was released in August this year.

Mike Tyson also played an extended cameo in the movie, reported to have been produced with a budget of about Rs 125 crore.

Starring Vijaya Devarakonda and Ananya Panday in the lead, the film had mega shoots in Las Vegas. It, however, bombed at the box-office.

The ED took up the investigation after Congress leader Bakka Judson lodged a complaint about the investment into the movie through dubious routes.

Bakka Judson had complained that even politic had invested money in Liger. He claimed that the investors found it the easiest way of turning their black money into white.

The ED officials are reported to have questioned the director and producer about the allegations that crores of rupees were invested into the making of the movie from foreign countries allegedly in violation of FEMA.

The investigating agency suspects that several companies had transferred funds to the accounts of the filmmakers. They were asked to provide details of those who had remitted the money and how the payments were made to foreign actors including Mike Tyson and technical crew.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Vijay DevarakondaEnforcement DirectorateMike TysonFemaDepartment of economic affairs of finance ministryRevenue and department of economic affairsGovernment of india, directorate of enforcementFormer enforcement directorateIncome tax, enforcement directorate
Open in App

Related Stories

NationalDelhi Excise Policy Case: ED to File Prosecution Complaint Against Arvind Kejriwal and AAP in Money Laundering Case

NationalJharkhand Minister Alamgir Alam Arrested by ED in Money Laundering Probe

NationalExcise Policy Case: Delhi HC Lists Arvind Kejriwal’s Plea Against ED Summons for Hearing on July 11

NationalDelhi Excise Policy Case: Manish Sisodia’s Judicial Custody Extended Till May 30

NationalArvind Kejriwal To Visit Hanuman Temple in Delhi Today, Address Media; Hold Roadshow

Entertainment Realted Stories

EntertainmentVarun Grover, Shreya Dhanwanthary hail Kapadia for making film with only female leads

EntertainmentIndian filmmaker Payal Kapadia makes history with Cannes Grand Prix win for 'All We Imagine as Light'

EntertainmentCoppola presents honorary Palme d'Or to lifelong buddy George Lucas at Cannes

EntertainmentBengaluru's Nithin & Delhi's Gaurav bag 'Dance Deewane' trophy, take home Rs 20 lakh

EntertainmentPayal Kapadia's 'All We Imagine As Light' has to settle for a Grand Prix at Cannes