A Special Court for CBI cases has convicted three individuals, including two former managers of Central Bank of India, for facilitating the late film producer G. Venkateshwaran of G.V. Films to obtain loans by submitting false and fabricated book debts as securities, causing a loss of over ₹10 crore. The offence was committed by the accused more than three decades ago.
Before the trial commenced, the main accused, A1 Venkateshwaran, had died. G. Venkateshwaran, popularly known as G.V., was a chartered accountant and the brother of filmmaker Mani Ratnam. He also produced popular films, including Thalapathi (starring Rajinikanth and Mammootty), Anjali, and Thamizhan (starring Vijay and Priyanka Chopra).
