NPA files on NewsX: Bollywood's mega baron defaults on loans of more than Rs 1000 crore
- 6 years ago
Today is the 8th day of NewsX mega NPA investigation and the case no 11 is about a company that has defaulted on loans more than Rs 1000 crore. A company goes by the name Pixion was on our NPA list and when we dug deeper and went into paper trail. The truth was shocking the owners have secured loans from more than 10 banks and majorly defaulted on almost all of them. These fraudsters are the rot in the Indian economy and what is more shocking that the audit mechanism of our banks has also failed to detect the rot. Let's listen in to this special investigative report...