Manjummel Boys Actor - Producer Lands In Financial Fraud

Manjummel Boys actor-producer lands in financial fraud,ED questions. Actor-producer Soubin Shahir was questioned by the Enforcement Directorate (ED) on Friday in connection with an alleged financial fraud case related to the blockbuster film "Manjummel Boys."  

The ED had registered an Enforcement Case Information Report (ECIR) against the producers of the film, following a complaint filed by Siraj Valiyathara. Valiyathara alleged that he was promised 40% of the film's profits by the producers but was later denied his share.

The complaint led to a police investigation that resulted in the registration of a case against the producers – Soubin Shahir, Babu Shahir, and Shawn Antony – on April 23rd. The Ernakulam First Class Magistrate Court subsequently ordered the freezing of the producers' bank accounts.

Valiyathara claimed to have invested Rs 7 crore in the film and that he has not received his due share despite the movie's impressive box office performance, earning over Rs 240 crore.  

The ED's investigation is focused on uncovering any potential money laundering activities linked to the alleged financial fraud. Shawn Antony was previously questioned by the agency, and Soubin Shahir's interrogation marks a significant step in the ongoing investigation.

It is worth noting that the Kerala High Court had earlier stayed the arrest of the accused in the money laundering case. The ED's investigation is expected to shed light on the financial dealings surrounding the film and determine if any illegal activities took place.