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Nagarjuna opens up about loan default rumours

nagarjuna
Over the past few days, there have been several rumours in a section of media that actor Nagarjuna has defaulted a huge amount of loan which he borrowed from a few nationalised banks. These rumours gained more prominence in the wake of the demonetization of Rs.500 and Rs.1,000 currency notes.

This afternoon, Nagarjuna decided to put an end to all the rumours and tweeted, “It is true we took a loan frm banks to build new film facilities at annapurna studios earlier.ALL LOANS HAVE BEEN CLEARED EARLIER THIS YEAR.” The actor further clarified, “For the few who may believe so neither me nor annapurna studios owe any money to any banks!!FYI”.

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