Bollywood and Organized Crime
While ganglords allegedly finance Bollywood blockbuster movies and use the film industry to launder black money, Bollywood actors have complained openly of receiving threats from underworld gangsters.
Bollywood’s connection to the underworld can be traced back to a government regulation that made the film industry ineligible for bank credit, private equity and other legitimate commercial financing.
“As a result, films were financed by ad hoc collections of investors, many of whom were from the construction and trade industries, who charged interest rates as high as 60 to 100 percent,” said Jehil Thakkar, head of media and entertainment for KPMG.
In 2000, the Indian film industry was added to the list of industries recognized by the government and eligible for bank financing, a move that theoretically should have helped cut its dependence on the underworld.
https://india.blogs.nytimes.com/2013/03/28/newswallah-bollywood-and-organized-crime/
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