Veteran film producer Vashu Bhagnani has been hospitalised in London amid an ongoing Income Tax Department probe into alleged financial irregularities.
His hospitalisation comes after the Mumbai Income Tax Department conducted extensive searches at 12 locations linked to Bhagnani, his daughter-in-law Rakul Preet Singh and Panorama Studios. The probe reportedly concerns suspected fund irregularities and the alleged routing of money abroad under the guise of financing film projects. The exact reason for Bhagnani’s hospitalisation has not been disclosed.
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