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Updated : Dec 18, 2013

Yesterday there were surprise raids at film chamber offices of Chennai and Hyderabad by CBI in a case. Apparently four producers, two of them noted Telugu producers took a loan of Rs. 20 crore from Indian Overseas Bank and haven’t repaid the loan and skipped it though they are doing well with their films business. CBI reportedly seized important records of these producers during the raids! The names are expected to be revealed soon.

 

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