Manjummel Boys controversy spills over: ED expands probe to hit Malayalam films, Here's all you need to know

The Enforcement Directorate (ED) has intensified its probe into alleged financial irregularities surrounding the 2024 Malayalam blockbuster "Manjummel Boys." This comes after accusations surfaced that the film's producers manipulated box office figures for illicit financial gains.

ED expands probe to hit Malayalam films, Here's all you need to know

Poster Of Manjummel Boys/X

Focus on blockbuster films since 2019

In a significant development, the ED has decided to scrutinise the financial records of all major Malayalam films that have achieved blockbuster status since 2019.

This move aims to uncover any potential financial misconduct within Kerala's thriving film industry.

Background of the Manjummel Boys controversy

Poster Of Manjummel Boys/X

The controversy erupted when allegations emerged that the producers of "Manjummel Boys" had inflated the film's box office earnings, possibly for money laundering purposes. This prompted the ED to freeze the producers' bank accounts and launch a formal investigation under the Prevention of Money Laundering Act (PMLA).

Impact on Mollywood's financial landscape

With the ED's investigation widening to include production costs and financial transactions, the entire Malayalam film industry is under scrutiny. This move follows claims of undisclosed earnings and tax evasion through cinema halls across Kerala.

ED widens probe: Investigation of Mollywood blockbusters

• Scope Expanded: The Enforcement Directorate (ED) has broadened its investigation beyond "Manjummel Boys" to include several other blockbuster Malayalam films.
• Document Verification: The central agency will meticulously verify financial documents to ascertain the investments made in the production of these films.
• Matching Returns: ED officials will match the reported box office returns with the investment figures to identify any discrepancies or potential financial irregularities.
• Source Examination: The investigation will delve into the sources of funds used for these films, aiming to uncover any instances of undisclosed earnings or financial misconduct.
• Objective: The ED's objective is to ensure transparency and legality in the financial operations of the Malayalam film industry, particularly focusing on recent blockbuster releases.

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