UK says it has no record of Bhopal merchant’s 109-year-old ₹35,000 British war bond investment: What MP family claims
The UK’s Debt Management Office says it found no evidence of a 1917 ₹35,000 Indian War Loan allegedly subscribed by a Bhopal merchant. His Madhya Pradesh family is seeking clarity on whether the investment was repaid, with the century-old claim still unresolved.
The UK government has stated it has no record of a 109-year-old British war bond investment allegedly held by a Bhopal businessman, according to a report by Live Mint. The Debt Management Office (DMO) responded to a request from the Ruthiya family, who claim their grandfather, Seth Jumma Lal Ruthiya, subscribed to a ₹35,000 bond in 1917 with a 5.5% annual interest rate.
The family maintains that they have not received repayment for the principal and have requested clarification from the British authorities. The DMO's email, dated October 16, confirmed that they could find no evidence of the loan being an obligation of the UK government, leaving the family seeking further answers about the historical transaction.
Brief written by urgent.news from Live Mint's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
