Netflix is known to come up with blockbuster shows and documentaries. What makes these series top-rated is the tinge of reality and well-researched content.
Especially after the success of indigenous shows like Sacred Games, Lust Story, etc; Netflix has gained massive popularity amongst the Indian audience and is the go-to OTT for the most thrilling and captivating content ever.
The pattern of screening such captivating shows that subtly tells the reality of the world has once again brought the online streaming platform into a debacle with the authorities.
The trailer of Netflix’s original docuseries ‘Bad Boy Billionaires’ got into the limelight and has been under the court’s radar ever since its release date was announced.
The Story Behind ‘Bad Boy Billionaires’
‘Bad Boy Billionaires’ is a docuseries featuring the story of India’s biggest business tycoons who ended up being bad boys. The docuseries is set to expose the dirty story of the infamous fraudsters namely, Vijay Mallya, Ramanuja Linga, Nirav Modi, and Subrata Roy.
The four bad boys of the business world are dramatically portrayed in the docuseries with thrilling music and excellent directions. According to the description provided by Netflix, the docuseries is an “investigative docuseries” that “explores the greed, fraud, and corruption that built up — and ultimately brought down — India’s most infamous tycoons”.
The trailer opens with portraits of the four businessmen in flashbacks of living an extravagant lifestyle surrounded by girls, luxuries, and flowing money.
The trailer itself does show a compilation of statements and comments by experts, journalists, and other people, including author Pavan C. Lal, who has been closely watching the functioning of these billionaires over the years.
However, ever since the release of its trailer, the docuseries has caught up itself in a controversy with reference to the ‘facts and figures’ being mentioned for the infamous businessmen of India.
Pleas have been filed by all the four billionaires so as to stop the screening of the docuseries as it tends to malign the image of the fortune holders and might have controversial content in store.
Considering the pleas filed by the former, the state courts have ordered Netflix to put a hold onto the screening of the docuseries before any further order.
A Little Background Of The Four Bad Boys
The four people being featured in the series have been in the limelight and are pretty famous names when it comes to frauds and money laundering in India. These names have already been synonymous with being India’s white collared thieves and are familiar names in every Indian household.
Vijay Mallya, India’s high flying liquor king, and also the owner of Kingfisher, is accused of fraud worth Rs. 9000 crores. He was found guilty by the Supreme Court in May 2017 and has been under the crime radar since then.
As of now, his passport has been revoked by the Ministry of External Affairs. After he left India, he has been the subject of India’s extradition appeals to the UK and became the first person to be declared a “fugitive economic offender” under the Fugitive Economic Offenders Act 2018.
Read Also: Demystified: Vijay Mallya To Come Back To India, Offers ‘Haircut’ Settlement: What Is That, We Tell You
Subrata Roy has been in a debacle with the Securities and Exchange Board of India (SEBI) for two of his ventures namely Sahara India Real Estate Corporation Ltd (SIRECL) and Sahara Housing Investment Corporation Ltd (SHICL) in 2010.
His firms were thoroughly investigated and Roy was guilty of committing ‘various illegalities’ in fraud raising over Rs. 24,000 crores from three of its investors.
Next on the list is the ultimate third-generation diamond merchant, Nirav Modi, who is accused of defrauding the Punjab National Bank with a loan of over Rs. 28,000 crores by bribing the authorities. Currently, he is locked in a UK jail and is fighting against his extradition to India.
The last one on the list is Ramalinga Raju, the founder of Satyam Computers. He was one of the first ones in the list of biggest fraudsters cum businessmen in India and is guilty of fraud worth a billion rupees with his investors.
Why Is The Show Still On Freeze?
Ever since the release of the trailer of this docuseries, the four billionaires are set to gain the limelight once again.
Subrata Roy approached the Bihar Court with a plea saying the series must go on hold as it is a threat to the reputation of the entire Sahara Group. On the other hand, Ramalinga Raju approached the Hyderabad court with his plea that mentions that this show is likely to disrupt his right to a fair trial as he has hearings pending for his case.
Following these two, Mehul Choksi also filed a plea in the Delhi High Court on behalf of Nirav Modi. While the court accepted the pleas filed by Raju and Roy and ordered Netflix to freeze the premiere of the controversial series until further orders, Choksi’s plea was rejected by the Delhi High Court.
Choksi also demanded a pre-screening of the docuseries which received an enraged comment by Netflix and was labelled as an “impermissible attempt’.
Netflix also challenged the state order in the Supreme Court but all went in vain as the case can only proceed in the state court.
As of now, the stay orders on the docuseries are in action and the verdict on the airing of the show can only be decided once the hearings are complete.
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Sources: The Print, Economic Times, BloombergQuint +more
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This post is tagged under: bad boy billionaires, nirav modi, vijay mallya, ramalinga raju, subrata roy, netflix docuseries, india’s biggestv fruadster, money laundering, money scam, business fraudstrers, netflix india, netflix exposes mallya
