King Nagarjuna was one among the celebrities who welcomed decision of ban on high denomination notes. But soon after welcoming the move by Modi Government Nag faced criticism in social media who called him as a defaulter.
Today Superstar Nagarjuna took to twitter to clear the air about the debts he owed to Banks. Nag said that that he indeed took loans from the banks for but he cleared off those debts and he was not a defaulter.
"It is true we took a loan from banks to build new film facilities at Annapurna studios earlier. ALL LOANS HAVE BEEN CLEARED EARLIER THIS YEAR. For the few who may believe so neither me nor Annapurna studios owe any money to any banks!!" Nagarjuna tweeted
Fe days back Nagarjuna has denied reports that Andhra Bank and Indian Bank have seized the 7 Acre Studio in Jubilee Hills.