CBI court rejects bail plea of Rotomac owner Vikram Kothari

LUCKNOW: A CBI court on Wednesday turned down the interim bail plea of

Rotomac Global

promoter–director

Vikram Kothari

in connection with the alleged Rs 3,695 crore willful loan default case and set March 14 for hearing his regular bail plea.


Judge MP Chaudhary also sent him to judicial custody. CBI had produced him along with his son Rahul in the court after his police custody completed on Wednesday. They had been remanded in police custody on February 24.

Vikram

Kothari

had moved the interim plea for bail on grounds of old age and ailment. CBI opposed the plea and said that he was healthy. The court considered the facts and found that he was not entitled for interim bail on the said grounds.

The CBI had arrested the accused on February 23, 2018.