Shocking : Bollywood Film Industry Gets Funds From Underworld

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Bollywood Film Industry Gets Funds From Underworld where SRK Devdas Is Also Fallen Under That Category : Yes it’s shocking to everyone that bollywood king khan ShahRukh Khan’s Movie Devdas was Funded by the Underworld .But it’s true,US cable states that Bollywood has welcomed funding from gangsters and politicians, known in India as ‘black money’, reported timesofindia.com on Wednesday. While there is no direct reference of Dawood Ibrahim, who allegedly financed a number of movies, Bollywood still has been associated with the notorious Mumbai underworld on several occasions.

ShahRukh Khan’s Movie Devdas was Funded by the Underworld

Shocking : Bollywood Film Industry Gets Funds From Underworld

Bollywood Gets Funds From Underworld :When we go details about this issue Until 2000, the film industry was ineligible for bank credit, private equity, and other legitimate commercial financing. “As a result, films were financed by ad hoc collections of investors, many of whom were from the construction and trade industries, who charged interest rates as high as 60 to 100 per cent.So for to over from tax exemption bollywood people welcoming black money for investments.

The cable issued by the US Consulate in Mumbai and released by WikiLeaks says that, “
The bollywood film industry also welcomed funds from gangsters and politicians for to over come from taxes . where we all know black money didn’t have any taxes.

From the source  Time Magazine states that underworld don Abu Salem called Indian reporters and boasted that he financed Shahrukh Khan starrer Devdas – which was said to be the most expensive film of its time.

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Chota Shakeel, another underworld big boss, is telephone buddies with many actors, directors and producers. Shakeel – whom the local police claim they have on 71 tapes of bugged calls – has Sanjay Dutt on his speed dial, the site claims Dutt has had a past littered with drugs, a love of guns and implication in a series of Bombay blasts in 1993.

Superstar Aamir Khan and director Ashutosh Gowariker got threatening calls from mobs because they rejected gangland overtures after the huge success of their Oscar-nominated Lagaan. Shahrukh Khan also lodged a complaint with city police and the Anti-Terrorist Squad (ATS) after getting calls by gangster Bunty Pandey, who was demanding a sum of Rs2 billion.

 

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