Express News Service
Founder and promoter of the Videocon group Venugopal Dhoot was remanded in CBI custody by a special court in Mumbai, along with former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar, till 28 December in connection with irregularities in a loan disbursement case – amounting to over Rs 3000 crore – sanctioned by ICICI bank to the group between 2009 and 2011.
Dhoot was produced in the special court after he was arrested by the Central Bureau of Investigation (CBI) on Monday morning in Mumbai.
The arrest comes close to the arrests of former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar in the same case being probed by the CBI. He will be produced before a special CBI court.
The loan which was sanctioned to the Videocon Group at the time when Chanda Kochhar the chief of ICICI bank, was moved to the non-performing asset (NPA) category.
It caused losses to the tune of over Rs 1750 crores to the ICICI Bank, the CBI has alleged. Kochhar and her husband were arrested by the CBI last week, on Friday in connection with the case and were taken to Mumbai from Delhi by the CBI, where they were remanded to CBI custody till December 26.
While seeking Dhoot’s remand, the CBI also sought the remand extension of the Kochhar couple, stating that the three will be confronted and questioned together by the agency in presence of each other. All three persons were produced before the special court…
