The CBI on Thursday arrested Rotomac Pens owner Vikram Kothari and his son Rahul for allegedly cheating a consortium of public sector banks of Rs 3,695 crore. CBI says that Rotomac cheated a consortium of 7 banks by siphoning off bank loans to the tune of Rs 2,919 crore, excluding interest.
from Times of India http://ift.tt/2EUTreN
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