Friday, July 22, 2011


The Income Tax department on Friday conducted simultaneous raids on the homes and offices of Malayalam cinema's two biggest stars, Mammootty and Mohanlal.
The two actors, who are known to have several business interests, are facing IT action for the first time. Our sources tell us that this could well be the first major raid on stars from the Kerala film industry.
Reports coming in suggest that IT sleuths have swooped in on the stars' offices in Kochi, Bangalore and Chennai. The duo is known to have business interests, with Mohanlal even being touted as a possible owner of an IPL team.
On his part, Mammootty has been active in the films and television, besides owning a distribution company called 'Playhouse Entertainment' that has recently bagged the rights to distribute the upcoming film "The King and the Commissioner".