Bhubaneswar: A hotel was sealed by a bank in Odisha’s Khurda on Wednesday following non-payment of loan by its proprietor, who happens to be a BJP leader.
Sources said Punjab National Bank (PNB) took possession of Hotel Suryamukhi and sealed it in the presence of a magistrate and police on account of loan default.
Officials of Punjab National Bank, Bhubaneswar Circle visited the hotel and sealed the building due to loan default to the tune of Rs 5.5 crore availed by its proprietor Rashmi Ranjan Mohapatra, who is said to be BJP’s Khurda district unit president.
Mohapatra had taken loan from from the bank’s Jatni Argul branch, but despite several notices he failed to repay, a bank official said, adding that the bank took possession of the hotel in view of outstanding amount of around Rs 5.5 crore.
Senior officials of PNB, Khordha Town police station IIC Tariq Ahmed, other senior police officials and one platoon of policemen were present during the takeover by the bank.
Stay ahead with Odisha Bytes Breaking News - your ultimate source for the fastest, most… Read More
Mumbai: Model-turned-actress Saba Azad, who has been dating Bollywood 'Greek God' Hrithik Roshan post his… Read More
Mumbai: Amid backlash and police case over crass jokes and vulgar content on his talent… Read More
Bhubaneswar: In a significant move to strengthen grassroot sports infrastructure, the Odisha government is all… Read More
Bhubaneswar: Despite playing the entire second session with 10 men, Odisha FC managed to hold… Read More
Bhubaneswar: A flight training centre for NCC cadets will be established at the Jharsuguda airport… Read More
This website uses cookies.