Chennai: Superstar Rajinikanth's wife Latha accused of fraud

Chennai, March 22: In a major setback for superstar Rajinikanth, his wife Latha has been accused of fraud. A company, which had provided money to finance the movie Kochadaiiyaan, filed the case against Latha Rajinikanth.

The company charged Latha Rajinikanth with ‘fraud' and ‘double selling of the rights' of Kochadaiiyaan, reported The Hindu.

According to the media report, Ad Bureau filed the case against the superstar's wife. The company, which was brought in to help with post production, gave Rs 10 crore to help the makers of Kochadaiiyaan complete the film and release it.

Abirchand Nahar of Ad Bureau was quoted as saying, "We loaned the amount only because Latha Rajinikanth herself signed as the guarantor for the money."

"They also double sold the Tamil Nadu rights of Kochadaiiyaan without informing us. I hope Mr Rajinikanth will intervene and settle the matter," he added.

However, chief executive officer of Mediaone Global Entertainment Limited -- Jayakumar overruled all charges against Latha Rajinikanth.

Jayakumar was quoted as saying, "Ad bureau financed Rs 10 crore to M/s Mediaone Global Entertainment Limited and the company has already repaid Rs 9 crore."

"They wanted a distribution agreement as they didn't have permission to finance and have given a clearance letter for the release of the film. They claimed an interest that ran up to Rs 5 crore for six months. Ad Bureau's objective is to extort money," he added.

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