Business Standard

CBI continues raids in Rotomac case

Image

IANS New Delhi/ Kanpur

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

aks-rak-spk/in

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 20 2018 | 11:18 AM IST

Explore News