Chowdary's 'Bommariilu' Seized Director and Producer YVS Choudhary has been struggling for scoring success since long time. After Devadasu movie could not deliver single hit and the flop streak continued till Rey (Salim, Okka Magadu, Nippu and last Rey).
Now it is coming out that some properties of the director have been seized by Andhra bank. The director owns two theatres in Gudivaada. YVS loaned out money from the bank after rendering his two theatres and fish tanks as collateral security for it. The producer is unable to repay and the bank was compelled to seize his assets.
As he failed to repay the money now bank officials seized the theatres. They have seized Bommarillu and Bommarillu mini theatres, which were mortgaged. The man believed Rey could bail him out of his losses but it was not happened. Hope the director will come back with big success.
News Posted: 5 February, 2016
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