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Debt Recovery Tribunal sent Notices to Sujana's Wife

By:  Tupaki Desk   |   5 Dec 2019 8:20 AM GMT
Debt Recovery Tribunal sent Notices to Sujanas Wife
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Former TDP leader and present BJP MP Sujana Chowdary faced yet one more blow. In a shocking turn of events, the Debt Recovery Tribunal has sent notices to Sujana's wife regarding bank loans.

According to the bank, Sujana's wife has borrowed Rs 169 crores from the Chennai branch of the IDBI Bank and the money was not repaid yet. The authorities reached out to the Debt Recovery Tribunal-2 in Chennai.

The tribunal has sent notices to Padmaja, Sujana's wife. Along with her, Srinivasaraju of Sujana Universal Industries Limited, Sujana Capital Service Limited, Explorer Electricals Private Limited, ST Prasad and his wife Dhanalakshmi. Nine persons were issued notices. They were also ordered to appear before the tribunal on December 11th at 11 am.

Companies belonging to Sujana Chowdary have received notices in the past too. Earlier he made it clear that he doesn't have any affiliations with those companies. Now as his wife got notices, it's interesting to know how Sujana responds to this.