Industrialist Pramod Mittal, who reportedly spent 60 million Euros (about Rs 505 crore) on his daughter’s wedding, has claimed that he owes 2.5 billion pounds. This would make the steel tycoon, the younger brother of UK-based steel magnate Lakshmi Mittal, Britain’s biggest bankrupt.
Mittal, 64, was declared bankrupt this summer by the Insolvency and Companies Court in London with debts of over 130 million pounds, reported The Times. The scion of the steel dynasty now claims that he owes 2,549,089,370 pounds, including more than 170 million pounds to his 94-year-old father, as per the report. He also owes 1.1 million pounds to his wife, Sangeeta, 2.4 million pounds to his son Divyesh and another 1.1 million pounds to his brother-in-law…
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