Madrid: Spanish bank BBVA has no credit exposure or relationship with Indian conglomerate Sahara, a bank spokesman said on Wednesday.
Sahara head Subrata Roy has been held in jail for over a year after the company failed to comply with a court order to refund billions of dollars from an illegal bond programme.
During hearings, a Sahara lawyer told the court that the company has received a line of credit worth 900 million euros ($983.88 million) from BBVA.
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