National Asset Reconstruction Company Limited (NARCL) is under scrutiny for settling a ₹2,172 crore loan of Agson Global Pvt. Ltd. for just ₹579 crore. Despite having 100% voting rights, NARCL allegedly skipped open bidding, potentially causing a huge loss to the public exchequer. Reports suggest the defaulter company had assets like 30 acres of land in Sonipat and a ₹300 crore insurance claim which could have increased recovery. https://zeenews.india.com/hindi/zeephh/national/narcl-agson-global-loan-settlement-2172-crore-579-crore-controversy/3235753 #Creator program