AAP demands seizing passports of defaulters having bank loans of Rs 50 cr or more

The Aam Aadmi Party Monday demanded the government seize passports of all the defaulters having bank loans of Rs 50 crore or more, amid reports that Nitin Sandesara, wanted in an over Rs 5,000 crore bank fraud case may have fled the country.

Senior AAP leader and Rajya Sabha MP Sanjay Singh said Monday that he had written to the CBI, Enforcement Directorate (ED) and the Finance minister in this regard but no action was taken.

"It could not be without the support of the government that bank defaulters are leaving the country without being caught by the agencies concerned," Singh told PTI.

According to the media reports, Sandesara may have fled to Nigeria.

The ED had registered a money laundering case against the Sterling group and its absconding promoters Nitin and Chetan Sandesara in October last year.

Taking a dig at the prime minister, the AAP leader in a tweet in Hindi said, "Another Gujarat businessman fled abroad after looting Rs 5,000 crore. Modiji has brought Bhagoda Yojana after the Pakoda Yojna. Loot the country and scoot".

He said the government should immediately make public a list of all the defaulters having bank loans of Rs 50 crore and more and seize their passports.