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Court issues non bailable warrant against Union Minister

| | Apr 08, 2016, at 04:33 pm
#Union Minister # Mauritius based bank # Technology
Hyderabad, Apr 8 (IBNS) A city court has issued a non-bailable warrant against Union minister YS Chowdary in a case of alleged default on repayment of loans, reports said.

The XIIth Additional Chief Metropolitan Magistrate issued the on Thursday as the minister of State for Science and Technology again failed to appear in the court despite the summons.

The minister, along with others, has been accused of defaulting in repayment of loan of  Rs 106 crore taken from a Mauritius based bank.

Mauritius Commercial Bank filed a case against Chowdary’s Sujana Universal Industries Ltd and others.

A Telegu Desam leader, Chowdary is a Rajya Sabha member from Andhra Pradesh.

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