CBI continues raids in multi-crore loan default by Rotomac Pen’s chief Vikram Kothari
Amid Nirav Modi saga unfolding, the Central Bureau of Investigation has continued raids at the three locations in Kanpur in connection with the probe into multi-crore loan default by Rotomac Pen’s chief Vikram Kothari.
The raids, it need be mentioned, came in for a second consecutive day.
The Central Bureau of Investigation also questioned Vikram Kothari along with his wife.
The raided places include office and residential premises of the company’s directors, it was informed.
The loan default would touch Rs 3,695 crore, including interest, according to the CBI. >