The Central Bureau of Investigation (CBI) has registered a case against Potomac pen promoter Vikram Kothari and his family in connection with a case related to the alleged swindling of Rs 3,695 crore of bank loan funds, officials said here today.
Modi’s legal team has reached Dubai, sources say. Meanwhile, Enforcement Directorate director Karnail Singh is in Mumbai to strategise a plan of action with officials
The scam was earlier estimated at around Rs 800 crore. The case against Kanpur-based Rotomac Global Pvt Limited, its director Vikram Kothari, his wife Sadhana Kothari, and son Rahul Kothari and unidentified bank officials was filed on a complaint received from Bank of Baroda, they said.
The agency searched three locations in Kanpur, including Kotharis residence and office premises