Ram Gopal Varma owes money to Bollywood producers

This article was last updated on April 16, 2022

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USA: Free $30 Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…Ram Gopal Varma was in news recently after his demeaning tweets about lord Ganesh on Ganesh Chathurthi and now, the filmmaker is facing music from producers and financers. Apparently, it is being said that the filmmaker has decided to stay away from the public eye because he is indebted to many.

Recently, financer Bharat Shah revealed that the director owes him about Rs. 9 crores and RGV has been dodging everybody whom he owes money to. Moreover, the production house Reliance Entertainment too has voiced out about RGV's debts. Shibashish Sarkar, CFO of the company, maintained that the filmmaker owes them about Rs. 32 crores. Out of the total amount he owes to the company, Ram Gopal Varma paid only Rs. 4 crores as per Shibashish. He also mentioned that they have taken the matters to court and even issued a directive stating that RGV will have to pay a given amount after every film and further added, Ram Gopal Varma has even defaulted the payments.

It was also being said that Ram Gopal Varma is currently not speaking to the media or his Bollywood colleagues since he is busy with his South films for which he is in Hyderabad.

However, RGV seems to be completely unaware of the circumstance and responded to the allegations by asserting that he is Mumbai completing the pre-production of his next Bollywood film in the city.

Though he did not divulge any details of the said film, we hear that it is for the recently announced adult film Xes which is to be produced by Ekta Kapoor.

Article written by staff at Bollywood Hungama. Read more

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