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Shocking: Nagarjuna's 7 Acre Annapurna Studio attached

Mon, Mar 23, 2015, 04:22 PM
Hero Nagarjuna's 7 Acres Annapurna Studio in Jubilee Hills was attached by the Bank authorities as his family failed to repay Rs 62 crore bank loans. Akkineni family owes Rs 32.3 Crore to Andhra Bank and Rs 29.7 Crore to Indian Bank. Though notices were issued to Nagarjuna, his brother Venkat Akkineni and sister Naga Suseela, the famed family of Tollywood, did not repay the loan amount and the interest, as per bank sources. Andhra Bank and Indian Bank issued joint notice that the Studio has been attached from March 20, 2015.
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