Bollywood actor Rajpal Yadav, along with his wife, was on Friday convicted in a Rs 5 crore loan recovery case. Holding the actor guilty, the Karkardooma court has set April 23 as the date for his sentencing.
The five crore loan recovery case dates back to 2010 when the actor and his wife Radha had taken a loan from a Delhi-based entrepreneur, MG Agarwal (owner of Murli Projects) for his Hindi debut directional film Ata Pata Laapata.
Now, Agarwal had filed a case against Rajpal Yadav and his wife in the court after they failed to repay him the hefty amount of time. In 2013, Yadav was sent to judicial custody for 10 days after he tried to hide facts about the case. The Karkardooma court had also ordered the attachment of the assets, the bank account of the Axis Bank and a company owned by the couple.
In 2015, Yadav had claimed in court that he had paid Rs 1.58 crore and had to pay Rs 3.42 crore. He had also told the court that he had got a fresh offer from a company which had agreed to take up the liability of his loan. He had claimed that the loan would be repaid in 30 days.
Rajpal Yadav is well-known for his excellent comic timing. He has been a part of several hit films like Bhoolbhulaiya, Partner, Hungama, De Dana Dan, God Tussi Great Ho, Bhoothnath, Bhagam Bhag, etc.