Film On Satyam Controversy?
It has been proven time and again that real life stories make for great Bollywood scripts. Now, the 1.5 billion dollar 2009 Satyam controversy is being made into a film. Reports suggest that the film will delve into the whole conspiracy surrounding Satyam Chief Ramalinga Raju and the reasons behind why he put the company and himself under the scrutiny of investigators.
Sources say, “There are several reasons why Satyam Chairman Ramalinga Raju made the decisions that he did. Public does not know the complete truth. The film will explore those details and delve deeper into the conspiracy.”. Penned by Subbu Peteti this story takes you through a roller coaster ride and keeps you on the edge of your seat.
DAR Motion Pictures that has made its mark with content driven films like Lunch Box and Bucket List are helming the project even though they refused to confirm if it’s a biopic on Ramalinga Raju.
Vivek Rangachari of DAR Motion Pictures says, “Yes we are making a film on a white collar crime based on the software industry that is inspired by true events. The film will be shot completely in Hyderabad. We are in the process of locking the director and the cast. Shooting will commence soon. We are looking at releasing it next year.”
Co-producer Jaswir Singh adds, "We are very excited about the film because it is always a challenge to make films inspired by true events. However a lot of times films are able to bring out a lot of facets of the events that perhaps might have not come out during the time the real story developed. We hope to do that with our film as well."
The Satyam controversy broke in 2009, after chairman Ramalinga Raju dropped a letter bomb on employees, investors and even the government by confessing to falsifying profits close to$1.5 billion. In 2015, Raju and his brother were fined and given a prison sentence of seven years each.