Order to freeze the assets of Modi’s business friend

Order to freeze the assets of Modi’s business friend

A British court has ordered freezing of assets of BR Shetty, a fugitive Indian businessman from the UAE.

According to a foreign news agency, BR Shetty’s business groups had taken loans of Rs6.6 billion from various banks. BR Shetty had fled India after committing loans and serious financial corruption.

According to media reports, BR Shetty is a friend of Indian Prime Minister Narendra Modi and Abu Dhabi Commercial Bank had filed a case against BR Shetty in London.