Bollywood to make film on white collar crime based on the software industry

Updated: Nov 26, 2018, 08:53 IST | Mohar Basu

Yet another scandal will rock Bollywood

Byrraju Ramalinga Raju
Byrraju Ramalinga Raju

With real life stories proving to be sufficient fodder for the entertainment industry, yet another filmmaker is set to take a leaf out of history books to bring forth the story of the 2009 Satyam scandal. Reports suggest that the film will delve into the conspiracy surrounding the then-chairman Byrraju Ramalinga Raju's decision to put the company, and himself, under the scrutiny of investigators.

A sources tells mid-day, "There are several reasons why Raju made the decisions that he did. The public does not know the entire truth. The film will explore those details, and delve deeper into the conspiracy." The film has been penned by Subbu Peteti, and will be helmed by DAR Motion Pictures.

Vivek Rangachari
Vivek Rangachari

While DAR refused to comment on whether the film will be a biopic of Raju, Vivek Rangachari, from the company, tells mid-day, "We are making a film on a white collar crime based on the software industry. The film will be shot in Hyderabad. We are locking the director and the cast. Shooting will commence soon."

Co-producer Jaswir Singh adds, "Films are able to bring out facets of events that may have not been unveiled when the story first developed. We hope our film will do that."

The scandal
The controversy broke in 2009 after chairman Ramalinga Raju dropped a letter bomb on employees, investors and the government by confessing to falsifying profits close to $1.5 billion. In 2015, Raju was fined and given a prison sentence of seven years.

Catch up on all the latest entertainment news and gossip here. Also download the new mid-day Android and iOS apps to get latest updates

Sign up for all the latest news, top galleries and trending videos from Mid-day.com

Subscribe
Loading...

Cannes Film Festival 2019 Highlights: Bollywood divas who shone in white

NEXT STORY
This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK