CBI raids Videocon office in case linked to Ex-ICICI CEO husband
Mangalore Today News Network
New Delhi, Jan 24, 2019 : The CBI has filed a case against former ICICI bank chief Chanda Kochhar’s husband Deepak Kocchar and Videocon head Venugopal Dhoot in a case linked to alleged conflict of interest in the sanctioning of loan. The investigating agency is searching the Videocon headquarters in Mumbai and other cities in Maharashtra, NDTV reported.
Chanda Kochhar quit as CEO and managing director of the ICICI Bank in October over the case, which involves a loan of Rs. 3,250 crore to the Videocon Group in 2012. The case exploded last year when a whistleblower alleged that Ms Kochhar’s husband Deepak Kochhar and her family members benefited from the dealings.
Videocon’s Venugopal Dhoot had an investment in NuPower Renewables, a company founded by Ms Kochhar’s husband.
After initially backing her, ICICI Bank announced that its board had decided to set up a "comprehensive enquiry" to investigate the charges against Ms Kochhar. As more allegations surfaced, a multi-agency probe was launched.
Write Comment
E-Mail To a Friend
Facebook
Twitter 
Print - Karnataka Lok Sabha election: Voting timings, Key candidates and phase 2 polling constituencies
- Sullia: Rider dies in bike-jeep collision
- Mangaluru: Mustering process held ahead of LS polls
- Mangaluru: BJP accuses Congress of circulating fake pamphlet
- Over 2.88 crore voters in Karnataka to cast their franchise on April 26
- Communally sensitive DK dist was a narrative created by few: Captain Brijesh Chowta
- BJP protests against Congress government’s ‘anti-people’ policies
- Renowned Yakshagana Bhagavatha Subrahmanya Dhareshwar no more
- People must support Congress to develop DK as land of harmony: Padmaraj
- Railways to operate special trains to clear extra rush during election day
- BJP, Congress candidates end campaign by conducting roadshows in Mangaluru
- There is no Modi wave in DK: Harish Kumar
- Railways to operate election special trains from Bengaluru to Mangaluru, Kundapura
- Educational, financial institution shut due to Lok Sabha election 2024 in these areas
- Supreme Court verdict tomorrow on 100% EVM-VVPAT verification
- 6 Dead as massive fire engulfs Patna hotel, over 50 feared trapped, watch
- Horlicks, Boost drop ’Health’ label, rebranded as "Functional, Nutritional drink"
- Not One Vote: Mamata Banerjee’s big message after 26,000 teachers lose jobs
- On complaints against PM Modi, Rahul Gandhi, poll body’s notice to parties
- RBI plans curbs on suspect bank accounts to fight cyber fraud: Report
- Sunita Kejriwal to lead AAP’s Lok Sabha campaign in Delhi, hold roadshows
- ’Desperation born from fear of defeat’: Siddaramaiah slams Modi, defends 4% Muslim quota
- ED challenges Arvind Kejriwal’s plea in Supreme Court: ’173 phones destroyed’
- 103-year-old CSK fan flaunts love for cricket, wishes to meet MS Dhoni
- How an Indian heart saved a Pakistani teen’s life
- New residential complex for the judges inaugurated in Mangaluru
- Absconding accused nabbed after 8 years
- Truck with cylinders turns turtle in Beltangady
- Bhoota Kola artist dies of cardiac arrest
- Development of the country should be our goal: Ganesh Karnik
- Container truck gets stuck under Modankap railway bridge
- Truck crushes bike’s pillion rider near BC Road
- Head constable dies of heart attack
- Udupi: PDO dismissed over financial irregularities
- CREDAI to resume Skill Development Program for Construction Workers in Mangaluru
- John B Monteiro elected president of Rachana Catholic Chamber of Commerce & Industry
- Sudhanshu Rai elected district president of All College Student Association
- Chief Minister to visit Mangaluru, Udupi on August 1
- Nitte University awards PhD degree to Tina Sheetal D’Souza
- Sachitha Nandagopal honoured by CMTAI for Community Service
- Local Search
- Classifieds
- CITY INFORMATION
- TRAVEL
- TOURIST INFORMATION
- HEALTH CARE
- MISCELLANEOUS
© 2024 All rights reserved. MangaloreToday