Hindi News

Netflix Releases Bad Boy Billionaires Amid Legal Tussle

Netflix has released three episodes of its docu-series, Bad Boy Billionaires, which exposes the alleged financial frauds committed by businessmen Vijay Mallya, Nirav Modi, Subrata Roy, and Ramalinga Raju.

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The ‘investigative docu-series’ was earlier scheduled to release on September 2 but ran into legal trouble after Raju, Roy and Mehul Choksi filed three separate cases requesting a stay on the release. Soon after, a Hyderabad local civil court issued an interim stay, on behalf of Raju’s plea, thereby stopping Netflix from releasing the same.

According to reports, Choksi’s plea was initially dismissed by the Delhi High Court, which he has challenged and it will be brought up on October 13. Roy’s plea was also reportedly dismissed by a court in Bihar on Saturday, after which Netflix decided to release the series. He had approached the court stating that the series maligned his image.

The series has three one-hour episodes of Mallya, Modi, and Roy. The episode on Raju has still not been released as the case is said to be pending before a Hyderabad court.

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Raju, who was accused of a $1 billion accounting fraud almost 10 years ago, will be appearing for a hearing of his case later on Monday, A Venkatesh, Raju’s lawyer, told Reuters.

According to the Reuters, the streaming giant argued that stopping the show “freezes free speech” and hurts the company financially.

The first episode of the series titled The King of Good Times revolves about Mallya, while the second episode Diamonds Aren’t Forever is on Modi and the last episode titled The World’s Biggest Family is based on Roy.