Enforcement Directorate summons film producer Aakash Baskaran
The Enforcement Directorate has summoned film producer and director Aakash Baskaran about the findings related to the recent raids to probe alleged irregularities in TASMAC.
Raids by the central agency sleuths have been taking place at sites related to TASMAC and Aakash Baskaran's production company Dawn Pictures and his residence for the past few days.
The ED suspects that unaccounted cash amounting to approximately Rs 1,000 crore may have been laundered through TASMAC operations, allegedly using Dawn Pictures as a conduit. Aakash, who has been missing since the raids, will likely be grilled about the source for his back-to-back production projects featuring stars such as Dhanush (Idly Kadai), Sivakarthikeyan (Parasakthi) and Silambarasan (STR 49).
Apart from Aakash, ED conducted raids at the sites related to TASMAC managing director S Visakan; AP Keshav Selvi of KS Smart Solutions, which obtained several state government departments' contracts; an executive of a bottling firm, Ratheesh Velu; a resident of Chennai with close ties to top government officials; and former AIADMK minister Sevoor S Ramachandran and AIADMK MLA Neethipathi.
In addition to producing films, Aakash is helming Idhayam Murali, starring Atharvaa Murali in the lead.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
27 minutes ago
- Indian Express
Teacher detained for trying to bribe Education Minister with Rs 5,000
The Rajasthan Police have detained a government teacher for allegedly trying to bribe the cabinet minister for School Education, Madan Dilawar, at his Jaipur residence on Monday. The incident happened when the minister was holding a public hearing at his official residence in Civil Lines area. As per the minister, the teacher Chandrakant Vaishnav arrived with a letter, a box of sweets, and an envelope. The minister said that he didn't suspect anything upon seeing the envelope as these are usual with the letters, 'thinking it might have someone's recommendation. But then my photographer Bharat told me that apparently the envelope has money. Once we opened, it had Rs 5,000.' Vaishnav, posted as a Level 2 science teacher in Banswara's Ghatol, was seeking a recommendation for appointment as a writer in the textbook committee for science for Classes 6-8, which comes under the Rajasthan State Council of Educational Research and Training (RSCERT). To influence the minister, who has an RSS background, Vaishnav stated in his letter that he had been associated with RSS's student organisation, the 'Akhil Bharatiya Vidyarthi Parishad (ABVP), and Sangh ideology since his student days.' He said that currently, while holding the post of a teacher, he is also associated 'with organisations like the Bharatiya Mazdoor Sangh, which are associated with the ideology of the Sangh.' Indicating his willingness to rewrite textbooks as per the ideology, Vaishnav said that the new textbooks will be drafted 'as per the intention of the present government' and sought a recommendation from the minister for his inclusion in the committee. Dilawar said that this was the first such instance of his life which is also the 'worst.' 'This is the first such instance in my life; I have been in politics for 35-36 years and am a third time minister. It is quite painful that someone could think that the Education Minister can take a bribe and act on their request,' Dilawar said, adding that this was also the first time he saw this person. Taking a dig at the Congress, Dilawar said, 'I would not like to comment on the past or future. There could have been a tradition (to bribe the minister). Hence, he dared to do this.' Vaishnav, now suspended, is now being questioned by the Jaipur Police.
India.com
28 minutes ago
- India.com
This superstar sold eggs on road, his fees was more than heroes, Meena Kumari was his…, he is…
This actor was India's most expensive comedian and superstar. He started charging more than the lead hero just by playing supporting roles in films. This star once used to sell eggs on the streets. But when he came into films, he charged more fees than stars like Amitabh Bachchan and Rajesh Khanna. He worked in more than 300 films in his career. Meena Kumari was this actor's sister-in-law. Let us tell you more about this talented actor. The name of this actor is Mehmood Ali, who was a famous and expensive comedian of the 50s and 60s. His father, Mumtaz Ali, was a big name in the world of theater, and Mehmood inherited acting from him. He first stepped into films in the year 1943. The name of the film was 'Kismat'. The financial condition of Mehmood's family was not good, and due to this sometimes he had to sell eggs on the streets and sometimes he also worked as a taxi driver. He was also a driver for famous director PL Santoshi. Due to financial constraints, Mehmood's father started drinking alcohol and remained immersed in it. Due to this his career was ruined and then all the responsibility fell on Mehmood's fragile shoulders. While doing small jobs, Mehmood somehow got entry into films. He started playing the role of a junior artist in films. He was well liked in films like 'CID', 'Do Bigha Zameen' and 'Pyaasa'. After this, Mehmood started getting big roles in films. Mehmood gained so much popularity that he would often charge more than the lead hero of the films. It is said that at one time he started charging more than Amitabh Bachchan and Rajesh Khanna. According to reports, Mehmood used to charge Rs 7.5 lakh for 14 days of shooting. But in the 80s, when comedians like Asrani, Paintal, Jagdeep, Deven Verma and Kader Khan came, Mehmood's popularity started declining. Between 1990-1999, he did only a handful of films. But some of them either got shelved or some did not work. As an actor, he was last seen in the 1994 film 'Andaz Apna Apna'. Talking about Mehmood's personal life, he first married actress Meena Kumari's sister Madhu. In this regard, he was Meena Kumari's brother-in-law. The marriage took place in 1953, but they separated in 1967. He had four sons from Madhu. Mehmood then married Tracy Ali for the second time, with whom he became the father of a son and a daughter.
Time of India
28 minutes ago
- Time of India
Sebi Fine Motilal Oswal: Sebi slaps Rs 3 lakh fine on Motilal Oswal Financial Services for violations of stock brokers' norms, ET LegalWorld
Markets regulator Sebi on Monday imposed a penalty of Rs 3 lakh on Motilal Oswal Financial Services Ltd for violating stock brokers' norms. The fine needs to be paid within 45 days, the Securities and Exchange Board of India (Sebi) said in its order. The regulator conducted a thematic inspection of Motilal Oswal Financial Services Limited on the theme 'Control over Authorized Persons' for the period from April 2022 to January 2024. In its probe, Sebi found that trading terminals were not found at authorised places. "During inspection, 13 terminals (NSE) were not found at the reported location. Further, on verification of trade data as on 04-03-2024, it was observed that trades have been executed from 5 out of 13 terminals, 9 terminals (BSE) were not found at the reported location, and trades have been executed from 1 terminal," Sebi said. Advt Advt Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETLegalWorld App Get Realtime updates Save your favourite articles Scan to download App During inspection on Verification of terminals (NSE), it was observed that 4 terminals were not operated by approved users to whom the terminals were allocated. Also, it was observed that 4 trading terminals (BSE) were operated by users other than the approved users, it the rule, a stock broker's hall will be liable for a monetary penalty in respect of extending the use of trading terminals to any unauthorised person or Sebi noted that Motilal Oswal Financial Services had conducted the onsite inspection of two APs (Authorised Persons) and had submitted the inspection report to BSE and NSE. However, it failed to identify fund-based activities during AP inspection and did not report fund-based activities between AP and the client to NSE in the MIS (Margin Intraday Square off) Oswal Financial Services' AP -- Triventure Services -- had fund-based relationships with 36 registered clients, wherein 18.31 crore have been received and payments amounting to Rs 1.24 crore have been made. In case of another AP -- Merit Capital Market Services, 99 clients' transactions were observed out of total transactions with 228 entities, amounting to Rs 5.69 crore payment to clients and Rs 5.06 crore received from clients."Both the APs had a fund-based relationship with the clients. Thus noticee (Motilal Oswal Financial Services) did not ensure that its APs are engaged only in permitted activities and are not undertaking any business which are disallowed under the Byelaws, Rules & Regulations and circulars of Sebi/exchanges," Sebi said in its such activities, Motilal Oswal Financial Services violated stock brokers' rules and accordingly imposed a penalty of Rs 3 lakh for the violations. PTI
