Swamy calls Gautam Adani biggest NPA trapeze artiste

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.