Pramod Mittal, who once spent 500 crores in his daughter's wedding, now owes 24 thousand crores rupees | A loan of 24 thousand crores on Pramod, brother of Lakshmi Mittal, who spent 500 crores in his daughter's wedding » India News
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Pramod Mittal, who once spent 500 crores in his daughter’s wedding, now owes 24 thousand crores rupees | A loan of 24 thousand crores on Pramod, brother of Lakshmi Mittal, who spent 500 crores in his daughter’s wedding

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  • Pramod Mittal, Who Once Spent 500 Crores In His Daughter’s Wedding, Now Owes 24 Thousand Crores Rupees

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Pramod Mittal, younger brother of Steel King Lakshmi Mittal, says that he lost all his possessions in one shade. – File Photo

  • 64-year-old Pramod Mittal became the guarantor of debts, on the verge of bankruptcy
  • Said- ever bought a plot in Delhi, now only that is left

Pramod Mittal, younger brother of Steel King Lakshmi Mittal, who once made headlines by spending 500 crores in his daughter’s wedding, can be declared the biggest bankrupt (bankrupt) in Britain.

64-year-old Pramed Mittal says, “I owe me 23,750 crores rupees. I lost all my assets in one shade. Now I do not even have any means of income, except a land near Delhi. Its price Once I was 45 pounds (4300 rupees). I have a total of one and a half crores of rupees. I am left with no earning. My wife is not dependent on me. The reality is that now I am faced with the crisis Is. My month’s expense is about 2 lakh rupees. “

Were arrested in Fraud’s case last year
Pramod’s dispute is 14 years old. He was a guarantor in lieu of many debts, but, after being caught in a fraud case, he could not repay his debt. Then elder brother Lakshmi Mittal had also saved him from criminal action by filling the bail amount twice. Pramod owed the UK State Trading Corporation (STC) Rs 2,210 crore. In 2019, he was also arrested in Bosnia for fraud. This case is of fraud related to coal plant GIKIL.

Pramod had been running this firm with one thousand employees since 2003. He was the head of Supervisory Board of GIKIL. Pramod was detained for questioning about the suspected transfer of about Rs 84 crore from the account of this plant. These transfers were made between 2006 and 2015. A local public company (KHB) also holds shares in this plant. Last year, Pramod was released after being given bail of Rs 92 crore. Then it was reported in the media that there was a dispute over property between the two brothers.

Promotion in the business of Arcelor 28,200 crore stake
ArcelorMittal, the world’s largest steelmaker, has a Luxembourg-based turnover of Rs 84,600 crore. Pramod’s stake in this is Rs 28,200 crore. According to the recently released Time Rich List in the UK, he owns a 20 per cent stake in Queens Park Rangers Football Club and it costs 50 thousand crores. Older brother Lakshmi Mittal is the 19th richest man in Britain. He owns a Rs 2000-crore mansion in Mayfair, a posh area of ​​Britain.

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