Spokesperson of Congress Mr Khera today alleged that Bank of Maharashtra was going soft on a Surat-based firm that defaulted on payments because the said firm was close to Prime Minister Modi & supplied him specialised campaign vehicles in the run-up to the 2014 Lok Sabha elections.
Pawan Khera held a press conference to allege that transport company Siddhi Vinayak Logistics Limited (SVLL), registered in Ahmedabad in 2002, saw a rise in fortunes after the BJP came to power.
“In 2014, the firm saw growth with an annual turnover of Rs 1,500 crore, which amounted to an 80 % annual growth,” Mr Khera said, alleging that requests to SVLL to repay an old loan were met with a response that the company was busy in helping Modi with specialised vehicles for the 2014 elections.
He alleged that the bank didn’t list SVLL either as a defaulter or an NPA and demanded answers from the government. — TNS