BJP s Swamy calls Adani biggest NPA trapeze artiste

New Delhi March 6 (IANS) BJP MP Subramanian Swamy on Tuesday dropped a bad loan bombshell at industrialist Gautam Adani calling him the "biggest NPA trapeze artiste in PSUs".

In a widely commented and shared tweet Swamy said Adani believed to be close to Prime Minister Narendra Modi should be made accountable or he would file a public interest litigation in the court to recover bank loans from him.

"The biggest NPA trapeze artiste in PSUs is Gautam Adani. It is time he is made accountable or a PIL is inevitable " Swamy tweeted.

Adani s firms allegedly owe thousands of crores of rupees to banks. The group s interests include power generation and transmission real estate and commodities.

According to Bloomberg data as of September 2017 Adani Power had a total debt of Rs 47 609.43 crore Adani Transmission Rs 8 356.07 crore Adani Ent Rs 22 424.44 crore and Adani Ports Rs 20.791.15 crore.

The ports tycoon and his family s networth was believed to be $11 billion in 2017 -- making him the 10th richest man in India according to Forbes.

--IANS
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