CBI books Rotomac Global in Rs 750 crore bank fraud case

The agency has booked the company and its Directors - Sadhna Kothari and Rahul Kothari - under IPC sections related to criminal conspiracy (120-B) and cheating (420), besides various provisions of the Prevention of Corruption Act. The company is already facing multiple investigations by the CBI and the Enforcement Directorate on the basis of complaints from consortium members.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/XKO4Bf1
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