CBI questioning enters 4th day in Rotomac case

IANS  |  New Delhi 

The on Thursday continued questioning owner Kothari and his son in connection with the Rs 3,695 crore loan default case.

A senior (CBI) confirmed that the two were being questioned again on Thursday.

This is the fourth consecutive day of their questioning.

On the first two days the probe agency quized them and searched their residences and office premises in Kanpur,

The Wednesday's questioning here went on for over nine hours as the attached four immovable properties of Kothari, three in and one in Ahmedabad,

Besides the two, the pen company owner's wife Sadhana, staff and house keeper were also questioned after the filed a complaint of loan default against the Kotharis on Sunday night.

Several belongings, including their laptops and mobile phones, were confiscated by the agency on Tuesday.

A consortium of seven banks had extended multi-crore credits to the Kanpur-based firm and its related companies from 2008 onwards. Kothari is the of Rotomac, while his wife and son are directors of the company.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 22 2018. 12:36 IST
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