April 12, 2016 7:19 PM

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Mauritius bank loan: HC sets aside NBW against Union Minister YS Chowdary

The Hyderabad High Court has set aside the non-bailable warrants issued against Union Minister of State for Science and Technology Y S Chowdary in connection with Mauritius bank loan case. In its interim orders, the High Court directed the minister, popularly known as Sujana Chowdary to appear before the trial court on May 5th and submit personal sureties and exempted him from subsequent appearances in the trial court. <br/><br/>The 12th additional Chief Metropolitan Magistrate court in Hyderabad has earlier issued non-bailable warrants against the union minister in connection with non-repayment of loan taken from Mauritus bank for his firms to a tune of Rs 106 crore. The Union Minister had moved the High Court for exemption from his personal appearance in the trial court.

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