scorecardresearch
Thursday, March 28, 2024
Support Our Journalism
HomeIndiaGovernanceCBI books ex-ICICI bank CEO Chanda Kochhar, husband Deepak, Videocon's Dhoot in...

CBI books ex-ICICI bank CEO Chanda Kochhar, husband Deepak, Videocon’s Dhoot in loan case

Follow Us :
Text Size:

The CBI is investigation Videocon promoter Venugopal Dhoot of investing crores of rupees in Deepak Kochhar’s NuPower months after receiving a Rs 3,250 crore loan from ICICI Bank in 2012.

New Delhi: The CBI has booked former ICICI Bank CEO and MD Chanda Kochhar, her husband Deepak Kochhar and Videocon group MD Venugopal Dhoot in connection with alleged cheating and irregularities in loans sanctioned by the bank to the group in 2012, officials said Thursday.

The agency Thursday carried out searches at multiple locations, including the offices of Videocon group in Mumbai and Aurangabad, offices of Nupower Renewables Pvt Limited which is operated by Deepak Kochhar, and Supreme Energy after registering a case.

“It was alleged that the accused sanctioned certain loans to private companies in a criminal conspiracy with others to cheat ICICI bank,” the CBI spokesperson said.

In addition to Chanda, her husband Deepak and Dhoot, the agency has also named companies Nupower Renewables, Supreme Energy, Videocon International Electronics Ltd and Videocon Industries limited as accused in the FIR registered under IPC sections related to criminal conspiracy and provisions of prevention of corruption act, they said.

It is alleged that Videocon promoter Venugopal Dhoot allegedly invested crores of rupees in Nupower months after the Videocon group got Rs 3,250 crore as loan from the ICICI Bank in 2012, they said.


Also read: CBI registers FIR over alleged irregularities in ICICI bank-Videocon loan case


The move comes 10 months after the CBI registered a preliminary enquiry (PE) against Videocon promoter Venugopal Dhoot, Deepak Kochhar and unidentified others in March last year, they said.

A PE is a precursor before the agency lodges an FIR to probe criminal charges on the basis of evidence collected during the former exercise. –PTI

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular