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BREAKING NEWS

CBI continues raids in Rotomac case

20 Feb 2018

New Delhi/ Kanpur Feb 20 (IANS) The CBI on Tuesday continued raids at the same three locations in Kanpur for the second consecutive day as it probed a multi-crore loan default by Rotomac Pen s chief Vikram Kothari.



The Central Bureau of Investigation again questioned Kothari along with his wife.

The raided places included office and residential premises of the company s directors where searches were conducted on Monday as well the CBI said.

The probe agency has also sealed a residential premise and an office of Rotomac directors in New Delhi.

The loan default would touch Rs 3 695 crore including interest according to the CBI.

--IANS
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