Bachchan still owes 11 crores

Bachchan still owes 11 crores
Tuesday, August 03, 2004 18:19 IST
By Santa Banta News Network

Amitabh Bachchan says he was the first among many prominent debtors to Doordarshan to volunteer to clear his company's dues to the national broadcaster.

A newspaper report Tuesday morning said that the superstar owes Doordarshan approximately Rs.110 million as interest towards the loan given to his company many years ago.

Bachchan, who is shooting for "Black" in Shimla, tells: "I think my company would be in a better position to answer this. What I do know is that there was a principal amount and an interest amount. The principal amount has already been paid.

"We asked them to waive off the interest amount which they refused. So they asked me to do some ads for them. However, they hadn't discussed the number and rates for every ad that I do on Doordarshan. My company is in constant correspondence with them on this matter.

"The interest amount I'm supposed to pay off by doing ads. There are many very prominent debtors to Doordarshan who haven't paid up. I was the first one to walk into their office voluntarily and offer to pay off."

Doordarshan is apparently trying to recover its money and put the cash-strapped national broadcaster back on its feet.

Said Bachchan: "My debts weren't payable to Doordarshan, but Prasar Bharati. It's an entirely different company.

"My financial dealings with Prasar Bharati have all been worked out. The principal amount has already been paid."

Sunny Kaushal, Nimrat Kaur, Medha Shankr Unite for a Quirky Detective Comedy!

The latest buzz in Bollywood is all about an upcoming quirky detective comedy featuring Sunny Kaushal

Thursday, January 23, 2025
Why Kareena Kapoor Khan Didn't Accompany Saif Ali Khan to the Hospital After Knife Attack!

Fresh details surrounding the shocking knife attack on Bollywood actor Saif Ali Khan have surfaced

Thursday, January 23, 2025
Boman Irani's Directorial Debut 'The Mehta Boys' Premieres on Prime Video This February!

Acclaimed Bollywood actor Boman Irani is stepping into the director’s chair for the first time with his highly

Thursday, January 23, 2025
Aaman Devgan and Rasha Thadani speak out on Nepotism in Bollywood on In The Ring with Filmfare!

Director Abhishek Kapoor joined forces with debutants Aaman Devgan and Rasha Thadani in Azaad

Thursday, January 23, 2025
Jackie Shroff talks about the birds from the set of Amazon MX Player's Chidiya Udd!

Amazon MX Player, Amazon's free video streaming service, has recently unveiled its highly anticipated crime

Thursday, January 23, 2025
ADVERTISEMENT
ADVERTISEMENT