The bad news for the employees of Discom was, of that amount, Rs500 crore were invested in a company of Tamil Nadu five years ago and suddenly the company vanished into the air with the amount. When the debt crossed 70 thousand crore on these companies, they had to borrow money to repay the loan. To come out of from the loan Discom invested Rs 500 crore in a Tamil Nadu based company. This is not the only thing that has happened, Even after this, the power company did not take a lesson and went on investing money. At present, the figure of amount has reached Rs 15k crore.

Source: dna October 18, 2017 02:37 UTC