 Saahil Suhail
Early Times Report
SRINAGAR, Sept 28: Punjab National Bank has finally declared former Sports Minister and Peoples Democratic Party Legislator Imran Raza Ansari and his family members as 'willful' defaulters after they failed to repay over Rs 32 Crore to the bank.
The defaulters include MLA Abid Ansari who is also uncle of former Minister Imran Raza Ansari.
The bank has issued a public notice in a Jammu based Daily Newspaper against Imran Raza Ansari, his brother Amjad Abbas Ansari, uncle Abid Hussain Ansari and Kumail Hussain Ansari declaring them 'willful defaulters'.
The public notice issued by Punjab National Bank (PNB) reads that it has initiated recovery proceedings against them and informed the public that the borrowers are not entitled for financial assistance from any other bank or financial institution.
The notice stated that the borrowers are directors of M/S Highland Automobiles Pvt Ltd, Ansari Complex Sonwar Srinagar.
The Ansaris have an outstanding balance of over Rs 32 Crore (32, 47, 93, 581) and the account has been declared NPA on 31-12-2008. The firm has been declared willful defaulter on 19-03-2014.
"It is hereby notified to public at large that above mentioned borrowers have availed loans from the bank and due to default in repayment, the accounts has been declared as NPA. The borrowers have been declared as a 'Wilful Defaulters' by the bank as per RBI guidelines (SIC)," the notice states.
Besides Ansari's, the notice has also named Mir Fanoon Rafiq, proprietor of M/S Cashmere Craft Gole Market Karan Nagar Srinagar as a 'Wilful Defaulters.'
Rafiq owes Rs 80, 39, 313 to the bank excluding interest and his account has been declared NPA on 01-01-2012 while he was declared 'Wilful Defaulter' on 07-12-2015. |
