Yes Bank: Priyanka's portray purchased for two crores, Anil Ambani's mortgage additionally drowned

by Jeremy Spirogis
Arvind Kejriwal condemned mob attack on Nankana Sahib Gurdwara

new Delhi. As the explanation for the sinking of Yes Bank is popping out, stunning info is being acquired. Priyanka Gandhi will not be a painter, however Yes Bank purchased her portray for Rs 2 crore. Congress has additionally accepted this sale of portray. At the identical time, loans given to Anil Ambani have been additionally not recovered. This has additionally been the explanation for the sinking of Yes Bank. Many different such info at the moment are popping out.

Congress social gathering issued clarification

The Congress social gathering, which is besieging the Modi authorities over Yes Bank, is now clarifying on the portray 'deal' between Priyanka Gandhi and Yes Bank founder Rana Kapoor. <! –

                 The BJP has grow to be an attacker. The BJP has stated that each monetary crime in India is linked to the Gandhi household. Following the arrest of Yes Bank founder Rana Kapoor, it has come to gentle that the work of Priyanka Gandhi Vadra, General Secretary of the Congress Party have been purchased by Rana Kapoor for Rs 2 crore.

Cleanliness of congress social gathering

The Congress social gathering has accepted the deal between Priyanka Gandhi and Rana Kapoor. However, the Congress has refused to contemplate it as a 'hyperlink' between the 2. Party chief Rashid Alvi stated, 'What does this show. If Priyanka Gandhi has bought one thing and somebody has purchased it, then what’s flawed with it. After all, the client will not be seen whereas promoting his items. He who provides cash buys it. If Modi ji wished, Modi ji would have purchased. So do you allege that the entire authorities is working Priyanka Gandhi ji, via Modi ji, since he has purchased petting. ' However, the Congress has not been in a position to inform when Priyanka Gandhi has been promoting the work, and who has purchased her work for the way a lot.

BJP attacked the assault

Amit Malviya, head of BJP's IT cell, stated, 'Every monetary crime in India is said to Gandhi. Mallya used to improve Sonia Gandhi's flight tickets. Had entry to MMS (Manmohan Singh) and PC (P Chidambaram), now a fugitive. Rahul inaugurated Nirav Modi's jewelery assortment, he defaulted. Rana purchased Priyanka Gandhi's work.

Anil Ambani group firms didn’t repay YES Bank mortgage

The title of Reliance Group can be included in Yes Bank's debt compensation firms. Many firms of Anil Ambani Group didn’t repay the mortgage, on account of which the issues of Yes Bank went on rising. Reliance Infrastructure and the remainder of the group's firms haven’t paid Rs 13000 crore to date.

Lending to bancrupt firms proved big for Yes Bank. Companies reminiscent of Vadraj Cement couldn’t repay this mortgage, and Yes Bank was in hassle.

Yes Bank was given a mortgage to ISL Group, and later this group couldn’t repay the mortgage, which Yes Bank needed to undergo. This mortgage was additionally given with out understanding.

FS Group owes 2442 crore of loans taken from Yes Bank, which the corporate has did not repay. This additionally elevated Yes Bank's issues.

Essel Group additionally did not repay the Rs 3300 crore mortgage of Yes Bank, which introduced the financial institution to the brink.

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