There are various reports which suggest that Vashu Bhagnani and Jackky Bhagnani owned Pooja Entertainment is in losses and recently it has sold its seven storey office for settling the debts of around Rs. 250 crores and they have laid off their 80 percent of staff as a part of cost cutting. Some reports also suggest that some employees haven’t been paid salaries as the production house is struggling after giving back to back flops.
While the problem started after BellBottom getting flopped, their last release Bade Miyan Chote Miyan was the biggest flop.
However, Vashu Bhagnani has rubbished the rumours and said that the building is being redeveloped and he revealed that Akshay Kumar and few other actors called him up to find out whether the online reports are true or not.
Vashu Bhagnani said, “Akshay was the first person to call me and say not to worry, and let him know if there was anything to do. He lent his unconditional support. I also got calls from Sunny Deol, Suniel Shetty, and also my old friend David Dhawan. I am really moved by everyone, they are people who stick by you. I love the film industry, it is my jaan. There are still very emotional people in this industry who stick by you through thick and thin.”
Talking about those who claim that their payments haven’t been made, Vashu said, “I have been in the business for the past 30 years. If there are people who claim that we owe them money, they should come forward and talk to us. Do they have proper contracts with Pooja Entertainment? Have they filed a case regarding this? There are so many ways to sort this rather than ranting on social media. If there is an issue, we will resolve it. Nobody is running away. Please come to my office, talk to us, give us your documents and give us 60 days to figure things out. I am not going to buckle under any pressure or blackmail. We also work with production companies in the UK. If they owe someone money, then people must reach out to them directly.”
Hopefully now they will be more careful while making movies.
