Uday Kiran’s case: Financier lady speaks out!

Posted : January 13, 2014 at 3:15 pm IST by ManaTelugu

The suicide of actor Uday Kiran has created ripples in Telugu film industry. According to preliminary investigation by police, Uday resorted to extreme step due to “lack of offers and financial woes.”

Police also said that Uday was under pressure to ensure the repay of the debt taken by his manager Munna from a lady financier. Cops earlier claimed that Uday had given surety to that financier lady and also signed the document as a guarantor.

However, financier Sangeetha tells a different story. She has broken her silence and spoken to media. Sangeetha said, “Uday hadn’t signed any surety document. Since his manager shutdown his office, I went to Uday’s home just twice to know about his whereabouts. The last time, I met Uday Kiran was in December-end.”

Financier Sangeetha added that she had thought of committing suicide as she was unable to pay interest rates for her debt. With these claims, the case is back to square one. What exactly compelled Uday Kiran to take drastic step? This continues to be a mystery!