‘Ali Abbas Zafar hijacked production, went over-budget’: Vashu Bhagnani accuses BMCM director of ‘criminal conspiracy, misappropriation of funds’

The constabulary ailment notes however Ali Abbas Zafar wanted a director, writer and shaper recognition for the film, which the squad collectively decided to equine connected Rs 125 crore, which was the minimum outgo of accumulation (excluding the interest of pb formed and Zafar) to beryllium incurred by the Bhagnanis. The producers claimed that later, Zafar much oregon little took implicit “control of the film’s accumulation astatine the pre-approved expense” aft having been approached connected a “purely prosecute basis.”

However, Vashu Bhagnani claimed that Zafar started operating successful an “opaque manner” and “systematically started to amusement their existent colours and started withholding/suppressing worldly information,” specified arsenic being implicit budget by 6 crore without immoderate anterior consent of Pooja Entertainment.

The study claimed Zafar had “hijacked and taken implicit the full production,” including shutting down immoderate proposition made by Vashu Bhagnani, including the thought of having histrion Madhuri Dixit play an serviceman successful the movie “to adhd bully value” to Bade Miyan Chote Miyan. Later, the Bhagnanis claimed that they learnt that the full accumulation outgo was exceeding by Rs 15 crore, “without immoderate anterior accusation fto unsocial anterior consent.”

“It is reiterated that the archetypal estimation was of INR 125 cr. which accrued to and was locked astatine Rs 154 cr. i.e. arsenic approved and undertaken by the Complainant (Bhagnani). The UAE limb was completed and solely controlled by the Accused (Zafar), which was expected to person been completed astatine Rs 23 crore positive a fixed outgo of Rs 8-10 crores (total of Rs 33 crores), however, the aforesaid was exceeded by Rs 6 crores. The Complainant were not provided periodic updates and accounts arsenic assured, and therefore, it is evident that determination has been large siphoning of funds and mismanagement astatine the behest of the Accused…

“On 11th May, 2024, the Complainant besides reminded the Accused that helium had lone approved Rs 20 cr connected the selling front, which was aboriginal accrued by fewer crores astatine the behest of the Accused. The Accused was asked arsenic to who is going to wage for that. The Accused did not, however, respond to the same. Since it had been a period since release, the Complainant besides offered to support colony meetings astatine their bureau to assistance settee everybody and to fig retired the equilibrium OB (over budget) since 90% accumulation power was with the Accused still, contempt steep OB expenses continuing to autumn connected the Complainant without their escaped consent. The Complainant sought the nonstop OB with details from the Accused but to nary avail,” portion of the ailment read.

Indianexpress.com has antecedently extensively covered the contented of non-payment of immoderate of the formed and crew, who worked with Pooja Entertainment nether assorted projects and were yet to beryllium paid.