CBI files FIRs against Chanda and Deepak Kochhar, Venugopal Dhoot

The Central Bureau of Investigation (CBI) has registered an FIR against companies and persons for alleged irregularities in loans sanctioned in 2012.

The Central Bureau of Investigation (CBI) has registered an FIR against companies and persons for alleged irregularities in loans sanctioned in 2012.
 
Those booked include former ICICI Bank MD and CEO Chanda Kochhar, her husband Deepak Kochhar and Videocon Group MD Venugopal Dhoot.
 
The FIR also named Videocon International Electronics Ltd (VIEL), Videocon Industries Ltd (VIL), Deepak Kochhar-owned NuPower Renewables Ltd (NRL), and Supreme Energy, which was originally promoted by Dhoot.
 
According to a report by Businessline, the CBI on Thursday morning carried out search operations in the Mumbai and Aurangabad offices of the Videocon Group, Supreme Energy and NRL. 
 
The loans were then approved by different committees of ICICI Bank on different dates. So, CBI named former and current officials of ICICI Bank who were a part of these committees, including Sandeep Bakhshi, Zarin Daruwala, K Ramkumar, Sonjoy Chatterjee, NS Kannan, Rajiv Sabharwal, KV Kamath and Homi Khusrokhan.
 
As these loans turned into NPAs and caused losses to the bank to the tune of ₹1,730 crore, the role of these officials may also be investigated, the Businessline report said.

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