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.
Nathan Anderson, founder of Hindenburg Research, announces the firm’s closure after creating a major stir…
A viral video from Moscow shows a woman violently kicking a toddler, allegedly due to…
Gaza erupts in celebration as a historic ceasefire deal between Hamas and Israel is announced,…
Joe Biden's farewell address highlights his administration's achievements, warns of ongoing challenges to democracy, and…
Over 40 missiles and 70 drones hit Ukraine's energy facilities, targeting gas infrastructure. Despite air…
World leaders, including President Biden, UN Secretary-General Guterres, and European officials, welcomed the ceasefire deal,…