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Loan waiver: TU leader claims to have ‘evidence’

BHUBANESWAR: The movement against alleged decision to waive off Rs 2300 crore loans favouring Orissa-based industrial house, Indian Metal and Ferro Alloys (IMFA), gained momentum as the person, who sought court’s intervention in the matter, claimed he would place sensitive documents.

Addressing a press conference here on Sunday, Dwarika Mohan Misra, journalist and trade union leader, alleged that a Union Minister had shown the company the way to escape from huge loan and the loan was waived during his tenure. “I have sought appointment of the Prime Minister before whom I would place sensitive company documents which would reveal the unholy nexus,” Mr. Misra claimed.

General Secretary of Communist Party of India (CPI) A. B. Bardhan had already shot a letter to the Prime Minister in the matter.

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