I'AM NOT IN THE SCAM ...

Mumbai,February 20,(way2newstv.in):

Vikram Kothari, the owner of the popular phenomenon company, said, "There is no truth in the news that the bank has been forced to flee abroad by Rs 800 crore. A statement was released that he is still in his hometown Kanpur. Another scandal broke out after the scandal broke out at the Punjab National Bank for over Rs 11,000 crore. Officials have found that Kondari's office in Kanpur has been closed for a few weeks.

I'AM NOT IN THE SCAM ...

However, Vikram Kothari issued a statement on Sunday night denying these speculations. 'Do not say this before the scandal. I did not flee the country. I'm still in Kanpur. My company has declared banks as a nonsense asset (NPA). But it was not declared as a defender. The matter is already under investigation at the National Company Law Tribunal (NCLT). I have borrowed and I will pay them soon, "Kothari said in his statement. Kota has taken loans of Rs 800 crore in Allahabad Bank, Bank of Baroda, Indian Overseas Bank and Union Bank of India. Banks have been violating rules for lending to Kothari. Rs 485 crore from union bank and Rs 352 crore loan from Allahabad. However, he has been informed that he has not yet paid the interest or interest of the banks. Allahabad Bank has already responded to this feat. Kothari said it would recover the sale of assets.