Bellamkonda Suresh best companion seems to be controversy and the producer is at it again. Kotak Mahindra bank authorities seized Bellamkonda’s office as the latter failed to repay a loan of around Rs 7 crores. Rumors had it that Bellamkonda is a secret financier for his son’s Speedunnodu and he even seems to have made some good 5 – 6 crores of profit on it by selling it at high rates.
Looks like he not that bankrupt he appears to be. Many say that Bellamkonda usually tries to skip the payments or delays them to his possible best. Not just the bank, but there are many others in film fraternity who were troubled by him.
Hero Ram complained about this producer late after Kandireega for skipping a part of his promised remuneration and so is the case that evoked Manchu Lakshmi to file case against him for not paying the rent of Gandharva Mahal used in Rabhasa shoot.
Director Santosh Srinivas too complained against Bellomkonda, saying that the latter has slapped and insulted him during an argument on money matter. Bellamkonda is heard to have spent a bomb on his son’s debut film Alludu Seenu with all other stars on board, which ended up in losses.
Going back in time, Bellamkonda failed to get any blockbusters or at least superhits in last 4 years. Let’s see what Bellamkonda does to get his office back.