ET Muhammed Basheer's son faces revenue recovery for not repaying loan

Kozhikode: ET Firoz, son of Lok Sabha MP and senior Muslim League leader ET Muhammed Basheer is facing revenue recovery for not repaying bank loans.

ET Firoz had taken a loan of Rs 200 crores from Punjab National Bank and Canara Bank in 2013. The loans were granted to Annam Steel Private Limited owned by Firoz.

Kozhikode CJM court has directed to recover his assets before October 21. The house and lands owned by Firoz are there in the list of properties to be recovered.