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Bollywood » Cinema News » Rajinikanth's property for auction!

Rajinikanth's property for auction!

Saturday, December 27, 2014 • Hindi Comments
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Exim bank has decided to auction the properties of Rajinikanth, as the Super Star's wife Latha Rajinikanth didn't pay an amount.

A production house named Mediaone, which produced 'Kochadaiiyaan' ('Vikrama Simha' in Telugu), has borrowed an amount of around 22 crores from Exim bank and the production house is alleged to have failed to repay the amount despite numerous reminders by the bank.

Latha Rajinikanth is the guarantor for the financial assistance granted to the production house and so the bank has decided to auction the property of Rajinikanth situated near Kanchipuram district in Tamil Nadu. The bank even announced that the property is for auction in newspapers.

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