CBI arrests Rotomac owner

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Media Eye News Bureau: Rotomac Global Pvt Ltd owner Vikram Kothari and his son Rahul Kothari were arrested by the Central Bureau of Investigation (CBI) in relation to the alleged loan default to the tune of Rs 3,695 crore.

The CBI had registered a complaint against Kothari on the basis of a complaint filed by the Bank of Baroda that extended loans to the Vikram Kothari’s Rotomac group.

They reportedly owe an amount of Rs 3,695 crore to a consortium of banks.

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