Home / News / CBI arrests Videocon chairman Venugopal Dhoot in ICICI Financial institution mortgage case

CBI arrests Videocon chairman Venugopal Dhoot in ICICI Financial institution mortgage case

NEW DELHI: The Central Bureau of Investigation (CBI) on Monday arrested Videocon chairman Venugopal Dhoot in reference to the ICICI financial institution fraud case.
On Friday, the CBI arrested former CEO and managing director of ICICI Financial institution Chanda Kochhar and her husband Deepak Kochhar. She stop because the CEO of the financial institution in 2018.
After arresting the 2 in Delhi following their questioning within the case on Friday, the CBI produced the duo within the particular court docket searching for three days’ custody, which was granted. The CBI accused them of non-cooperation within the investigation.
Chanda Kochhar took cost of ICICI Financial institution in Might 2009, after which she allegedly illegally sanctioned loans to the Videocon group of firms. The ICICI Financial institution loans of Rs 1,875 crore to the Videocon group firms turned non-performing property in 2017. It brought on loss to the financial institution, in response to the CBI.

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