Tag Archive | IIFA 2014 Press Conference

Controversy Breaks Out Over IIFA

While Bollywood stars are gearing up for the 15th edition of International Indian Film Academy Awards, a fresh controversy has erupted against Wizcraft, the event organisers of IIFA.

A travel agent and an entrepreneur, Akarsh Kolaprath, who owns a Florida based enterprise recently filed a lawsuit again Wizcraft for 7 million dollars. He claims he spent around $2, 65,000 on making travel arrangements and consulting for the IIFA. He was even asked to manage hotel bookings for the event.

Three years ago, Akarsh through his family company 7M tours struck a deal with Andre Timmins and Viraf Sarkari of Wizcraft. The deal was to help the organisers in co-ordinating and making arrangements for hotel booking and travel.

As a part of the deal, Wizcraft promised to give them 3 percent of the entire profit. However, they later decided to cancel the services. Akarsh has now sued Wizcraft for abruptly withdrawing the deal without any reason. He claims to have incurred a loss of more than $400,000 in hotel cancellation fees and loss of the 3 percent profit.

“This has affected us very badly; we have been working on the whole thing. I was the one who introduced them (Wizcraft) to the sponsors. But suddenly after we had done all the arrangements, we got to know that they were dealing directly with the sponsors and wanted me out of the picture. Their intention is not right.” He has now asked for a stay on the event till this issue is cleared. “They have been trying to reach some kind of settlement but I will go ahead with my case,” NDTV quoted him as saying.

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