CBI arrests Videocon chairman Venugopal Dhoot

After the arrest of former ICICI Bank’s chief executive officer and managing director, Chanda Kochhar, and her husband, Deepak Kochhar, in a case related to the credit facilities extended to the Videocon Group of companies, the CBI on Monday arrested Videocon Group promoter, Venugopal Dhoot.

Meanwhile, from Mumbai Dhoot has been arrested and a few days back Dhoot was questioned by the CBI. Chanda Kochhar and Deepak Kochhar were arrested on 23 December by the CBI and till 26 December they are scheduled to remain in CBI custody.

Earlier in March 2018 CBI registered a preliminary inquiry (PE) against Deepak Kochhar and Dhoot to probe a Rs 40,000 crore loan.

Moreover, a case has been registered by the inquiry agency against Chanda her husband, and Venugopal Dhoot, along with their companies viz NuPower Renewables, Supreme Energy, Videocon International Electronics Ltd, and Videocon Industries Limited.

However, in 2012 the agency said that the loans were declared non-performing assets which caused a loss of Rs 1,730 crore to the bank.

Furthermore, on Friday in connection with the alleged ICICI Bank-Videocon, money laundering case former Managing Director (MD) and Chief Executive Officer (CEO) of the ICICI bank Chanda Kochhar and her husband Deepak Kochhar CBI gets 3-day remand.

Latest news

Related news