UK finds no record of obligation on 1917 Indian war loan held by Bhopal family
The UK's Debt Management Office has said it found no evidence that a 1917 Indian War Loan was ever a British government obligation. The loan was bought by a Bhopal merchant for Rs 35,000. A family from Sehore, which now holds the century-old certificate, is seeking an accounting of its repayment. They estimate the certificate's current value at several crores. The DMO has not stated whether the loan was ever repaid.
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