When Amitabh Bachchan was a debtor of Rs 90 crore, people’s style had changed, creditors used to abuse at the door

New Delhi. There is a saying that time is not always the same. Amitabh Bachchan, who was in limelight after giving hit films one after the other, went through a difficult time. That decade of 1990 will hardly be forgotten by the Bachchan family. The company went bankrupt, the creditors stood at the door and the debt of Rs 90 crore forced it to such an extent that it even came to the point of losing its house. But the wheel of time turned again and they worked hard and returned each and every pie.

Superstar Amitabh Bachchan went bankrupt in the 90s. Why did such a situation happen to him? Why did the people who spoke well with him till yesterday suddenly change their attitude? How did he get a loan of 90 crores? What were the 55 cases pending against him? All these things were answered by the great hero himself.

The debt was Rs 90 crore
Superstar Amitabh Bachchan had mentioned the worst time of his life in an old interview. In an old interview with Veer Sanghvi, Amitabh Bachchan recalled the time in the 90s when he went bankrupt. In an old interview with Veer Sanghvi, Amitabh Bachchan said, all the properties of Sari were attached. He said, when you sign a personal guarantee, you are personally liable to pay it and hence I became indebted to the tune of about Rs 90 crore.

people’s attitude changed
Amitabh Bachchan further said, ‘Those who were excited to join my company till yesterday, suddenly changed. His attitude had become hostile. He had become very rude and abusive. Overall, this matter had become very bad. Moneylenders used to come to the door, hurling abuses and demanding their money back with threats.

From where did you take the loan?
Remembering those days of his loan, Big B further said, some of this loan we had taken from government institutions like Prasar Bharati and Doordarshan. Some loans were taken from banks and personal loans. He told that apart from this, Jaya and I had also given personal guarantees by mistake. At that time no one had given us good financial advice. We were told that nothing would happen, so we were relaxed and signed the guarantee papers.

When Yash Chopra came as a lifesaver
In the midst of this fierce storm in life, Yash Chopra gave a lifeboat to Amitabh Bachchan. He got to host Yash Chopra’s Mohabbatein and TV reality show Kaun Banega Crorepati. In an interview given to India Today in 2013, Big B had said about KBC, ‘It came to me at a time when I needed it the most.

Tags: Amitabh Bachchan, Entertainment Special


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