vikram kothari
Rotomac fraud: Vikram Kothari, son sent to 1-day transit remand
A consortium of seven banks had extended loans worth Rs 2,919 crore to Rotomac Global Pvt Limited 2008 onwards, according to a CBI FIR.
CBI arrests Rotomac pens owner, son over Rs 3,695 cr loan default case
The CBI registered a criminal case against Vikram Kothari, his wife Sadhana Kothari and son Rahul Kothari after Bank of Baroda's complaint.
No one is accountable. And we’re all to blame
Pick any story about a disaster or gross negligence and one thing becomes clear.
CBI grills Rotomac pens owner, son in Delhi over Rs 3,695 cr loan
The CBI also carried out raids at Vikram Kothari's residence and establishments in Kanpur.
Tax wing attaches bank A/Cs of Rotomac Group
The department has recently attached bank accounts and other assets of Choksi and the Gita-njali Group.
I-T dept attaches 14 bank a/cs including Vikram Kothari in Rotomac bank fraud
This is the second major financial scam to break out after the sensational Rs 11,400 crore fraud by Nirav Modi.
Pen firm Rotomac owner booked for Rs 3,600 cr scam
The ED also registered a money laundering case against Kothari and his family members on the basis of CBI’s FIR.
Rotomac owner pens bank fraud
Kothari took letters of credit worth Rs 3,000cr to make use of interest rate differential in foreign countries.
CBI, ED register cases against Rotomac Pens owner for Rs 3,600 cr fraud
ED would probe if funds obtained through the alleged fraud were laundered and if the proceeds were subsequently used to make black money.
Fraud amount Rs 3,695 cr, ED registers FIR against Rotomac pens-owner
The ED lodged the case under the Ptrevention of Money Laundering Act after studying CBI's FIR on the same.