Budget Trouble: Bellamkonda Office Seized
on Mar 4, 2016
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Ace producer Bellamkonda Suresh slipped into troubles when his movies like Bodyguard and Golimaar have done average at box office. But when Jabardasth flopped and court cases slapped against him, he ran into bigger trouble. Then by investing whole of his money on son Srinivas for Alludu Seenu, left him with a death blow. Here are the after effects of it.
The other day, Kotak Mahindra Bank officials have seized the posh office premises of Bellamkonda Suresh in Film Nagar. Entire office was locked with all the furniture inside, for not paying back the loan to a tune 7 crores, which is sitting at 11 crores now with all the interest calculated. We hear that this is only the beginning, but there are much more such loans to turn sharks on Bellamkonda.
We hear that couple of other banks are trying to move Court to prosecute this big producer.
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