Rotomac fraud: Credits were diverted to offshore companies and remitted back in Kanpur


The Central Bureau of Investigation probing the Rotomac Pens fraud case has learnt that the credits that were sanctioned for any particular export order was diverted to an offshore company. The money was later remitted back into the Kanpur-based company without executing an export order, CBI officials have learnt.

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Author: Vicky Nanjappa

just a reporter

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