Why Nagarjuna Is Doing This?

Nagarjuna might be busy doing couple of film projects but his personal or say financial side cannot miss to hog the limelight. Known for perfect business acumen in film circles, people aren’t digesting the news of Akkineni family’s Annapurna 7 Acres being seized by Indian and Andhra Banks. Very few days ago, Nagarjuna holding important stake in MAA TV made huge money by arranging for sale of the channel to Star India Network.  Along with Nag there are Naga Susheela, Nimmagadda Prasad and Venkat mentioned as defaulters.

Akkineni’s are hailed as best of financially settled families in TFI. Then what could be the reason behind Nagarjuna stepping back from repaying those loans to respective banks, when he made surplus liquidity from MAA TV acquisition to Star? No wonders, there will be a darker side even for star celebrities who shine bright under cinema lights.