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Box Office Hit, Financial Mystery: ED Probes Manjummel Boys’ Money Trail

June 13, 2024

The Malayalam film industry’s recent high-flyer, Manjummel Boys, now finds itself embroiled in controversy. The Enforcement Directorate (ED), a prominent Indian financial investigative agency, has initiated a probe into allegations of money laundering surrounding the film’s production.

This development casts a shadow over the film’s remarkable box office success. Earlier this year, Manjummel Boys captivated audiences with its gripping narrative, generating significant buzz and reigniting interest in high-caliber Malayalam cinema. The film’s financial performance was equally impressive, shattering box office records and grossing a staggering Rs 200 crore worldwide. This achievement marked a significant milestone for both the film itself and the Malayalam film industry at large.

However, these financial triumphs are now overshadowed by allegations of financial misconduct. Reports indicate that an investor, Siraj Valiyathara Hameed, filed a complaint against the film’s producers. The crux of the complaint lies in a broken promise. Hameed alleges that he was promised a 40% share of the film’s profits in exchange for his investment. Despite the film’s phenomenal box office performance, the producers reportedly reneged on their agreement, prompting Hameed to file a legal case.

As the investigation unfolds, the ED has already questioned one of the film’s producers, Shawn Antony. Further reports suggest that the agency is likely to issue a second notice, potentially leading to the questioning of actor and co-producer Soubin Shahir.

This controversy surrounding Manjummel Boys serves as a stark reminder of the potential pitfalls that can accompany financial dealings in the film industry. As the ED’s investigation progresses, the coming days will be crucial in determining the veracity of the allegations and the ultimate fate of those involved.