Another Nirav Modi in making? Rotomac owner Vikram Kothari missing after loans swell

Even as the agencies are probing the case of Nirav Modi and his uncle Mehul Choksi, who is the owner of Gitanjali Gems, a similar case has now emerged. We are talking about Vikram Kothari, who is the owner of the Rotomac pens which is now a defunct company. He had taken the loans of about Rs 485 crores from Union Bank of India and Rs 352 crores from Allahabad Bank. Vikram Kothari is untraceable now and he has not even paid nether the interest nor the loan amount.