Swamy calls Gautam Adani biggest NPA trapeze artiste

BJP Rajya Sabha member Dr. Subramanian Swamy today called industrialist Gautam Adani the “biggest NPA (Non-Performing Asset) trapeze artiste in PSUs.”

Swamy on Twitter wrote, “The biggest NPA trapeze artiste in PSUs is Gautam Adani. It is time he is made accountable or a PIL is inevitable.”

When asked about his tweet, Swamy told news agency ANI “I tweeted that he (Gautam Adani) seems to be like a trapeze artiste. Information came to me that he may be having as much as Rs 72,000 (crores) in NPA. This will be clear only after investigation. That’s why I raised this question.”

According to Bloomberg data, as of September 2017, Adani Power had a total debt of Rs 47,609.43 crore, Adani Transmission Rs 8,356.07 crore, Adani Ent Rs 22,424.44 crore and Adani Ports Rs 20.791.15 crore.