Bhushan Steel scam: Who is to be blamed?

Episode 17,   Aug 22, 2018, 05:48 AM

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In the case of Bhushan Steel’s takeover by Tata Steel, the loss to the lenders and the creditors is about Rs.25000 crores, which is a humongous sum of public money lost. Many creditors of Bhushan Steel who could be SMEs will perhaps go bankrupt, due to these losses suffered. Who are the culprits who should be blamed and punished? Mr. Akhilesh Bhargava, Business Editor of HW Business and Finance shares his insights on the matter.