CBI raids Rotomac Pens owner’s residence

Two teams of Central Bureau of Investigation (CBI) on Monday raided Rotomac Pens owner, Vikram Kothari’s residence in Kanpur.

Kanpur: Two teams of Central Bureau of Investigation (CBI) on Monday raided Rotomac Pens owner, Vikram Kothari's residence in Kanpur.

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The CBI interrogated Kothari and his wife.

The raids were conducted on Monday as well.

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The agency has also sealed a residential premises and an office of Rotomac directors in New Delhi.

The CBI said the loan default would touch Rs 3,695 crore, including interest.

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Further details are awaited. (ANI)