Bollywood News and Gossip

Our very own action hero Jackie Shroff, who made his debut in the hit flick Hero, has hardly any work on hand today. To tide things over Jackie had taken a loan of Rs 50 lakh from producer Sajid Nadiadwala. However, Jackie failed to pay back on time.

As a consequence, the loan multiplied to nearly Rs 1 crore on a given rate of interest. When Jackie tried to repay, his cheques bounced and Nadiadwala filed a case against Jackie.
Sajid started legal proceedings to obtain his money back. However due to the intervention of Salman Khan, the loan has been restructed.

Jackie went to Salman (Nadiadwala’s close friend) and explained his position to him. Salman immediately called up Nadiadwala and asked him to end the legal wrangle. Nadiadwala withdrew the case on Salman’s request. Moreoever, Jackie has also parted with most of his Sony shares. Jackie is well liked in the industry and nobody wants to see him in trouble, not even Nadiadwala.

It has also been rumoured that a ‘drug’ problem maybe the cause behind Jackie’s sudden financial crises. When a journalist approached Jackie about this, he responded by saying, “Oh, there is no financial crunch. I still have the Sony shares with me. But yes, I had taken a loan from Sajid. The loan was taken for my home-production Sandhya. Woh kuch distribution ka chakkar tha. Sajid will definitely get his money back when my film Sandhya releases. Meri woh picture (Sandhya) atak gayi hai.”