Uttar Pradesh : 7800 crore bank scam accused Rahul Kothari gets bail from High Court

Rahul Kothari, the owner of Rotomac Global Company Kanpur, accused of bank scams, has got a big relief from the Allahabad High Court. The High Court, while granting his conditional interim bail, directed his release. In the Rahul Kothari case, accused of Rs 7800 crore bank scams, the court has sought a response from the Serious Fraud Investigation Officer on the application within four weeks. The next hearing in this matter will now be held on April 16. A single bench of Justice Om Prakash VII has ordered.

In the case of Rahul Kothari, owner of Rotomac Global Company Kanpur, accused of bank scams, the court said that after the bail application was rejected, the Supreme Court had granted interim bail to the petitioner on humanitarian grounds. It was extended till 2 March 22. Second bail application has been filed on behalf of Rahul Kothari. He surrendered in the court on 3 March 2022 after the interim bail order expired. After which the court sent him to jail.

The Supreme Court had granted interim bail on the ground of the death of the father and the mother being seriously ill and being the only son of the petitioner. The court said that the petitioner is entitled to interim bail till the bail application is fixed. The matter is going on with the Additional Sessions Judge, Kanpur.