IT dept attaches 4 immovable properties of Rotomac Group

ANI | Updated: Feb 21, 2018 20:58 IST

New Delhi [India], Feb 21 (ANI): The Income Tax (IT) Department attached four immovable properties of the Rotomac Group of companies, in the latest development in the case.

According to IT sources, these properties were attached on February 20.

Three of the above properties are in Kanpur and one is in Ahmedabad.

The IT department on Tuesday attached 14 bank accounts of Rotomac Group of Companies, after two teams of Central Bureau of Investigation (CBI) raided Vikram Kothari's residence in Kanpur.

Raids were conducted on Monday as well.

CBI has also sealed the residential premises and an office of Rotomac directors in New Delhi.

The principal loan amount stands at Rs. 2919 crore, according to the First Information Report (FIR) copy which ANI had access to. (ANI)