Malayalam actor Soubin Shahir , who rose to fame with recent action drama film, Manjummel Boys is stuck in the controversy. His office is raided by IT Department over alleged financial irregularities.
According to a source the Income Tax Department conducted a raid at the office of actor-producer Soubin Shahir in Kochi on Thursday.The officials from the IT Department’s Kochi division investigated the financial dealings of Soubin’s production house, Parava Films, which produced the film Manjummel Boys. The raid also extended to the office of Dream Big Films, the distribution company for Manjummel Boys, located in Pulleppady, Kochi.
Actor Soubin Shahir with the crew during the Manjummel Boys shoot
The IT Department’s actions follow an earlier probe by the Enforcement Directorate (ED), which investigated allegations of money laundering linked to Parava Films. The ED’s inquiry, conducted under the Prevention of Money Laundering Act (PMLA) 2016, centered around allegations of financial irregularities, such as the use of unaccounted funds and manipulation of box office figures within the Mollywood.
It is said that in June Enforcement Directorate questioned Soubin Shahir, along with Babu Shahir and Shawn Antony, about a profit-sharing dispute related to the movie Manjummel Boys, which was jointly funded by the iconic trio.
Actor Soubin Shahir with crew during the action drama Manjummel Boys film shoot
Recently Siraj Valiyathara Hameed filed a complainant against Soubin Shahir, Babu Shahir and Shawn Antony , who claimed he was denied a significant share of the film’s profits, despite investing Rs 7 crore. Manjummel Boys is helmed by Chidambaram, was released without any expectation and was critically and commercially successful.
The action drama flick was declared a blockbuster with its makers reporting box office collections exceeding Rs 200 crore, the Enforcement Directorate suspected these figures were inflated as part of a money laundering operation. The film is currently streaming on giant Ott platform Disney+ Hotstar.