Share prices drop as Bollywood star convicted

07 May 2015 - 02:01 By Reuters

An Indian court sentenced Bollywood film star Salman Khan yesterday to five years in prison for killing a man in a hit-and-run accident. The district criminal court's order drove down shares of firms connected to the actor and, if upheld, will derail major projects in the pipeline of what is the world's most prolific movie industry.Khan later secured two days of interim bail from Mumbai's high court and will return to court tomorrow for a hearing on having the bail extended.The criminal court convicted Khan, 49, of culpable homicide on charges that he lost control of his Toyota Land Cruiser when driving under the influence of alcohol in 2002, and rammed into a group of people sleeping on a pavement.Khan, instantly recognisable by his muscular build, denied being behind the wheel, contradicting the testimony of several witnesses. In March, the actor's driver said he had driven, while Khan rode in the passenger seat. ..

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