Icici-videocon Case

Mr Dhoot had approached the high court on January 10 after the same bench granted bail to the Kochhars. The couple was arrested on December 23, 2022.

The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay High Court that the industrialist's arrest in the ICICI Bank loan fraud case was unwarranted as he was cooperating with the probe.

The court had yesterday said the reason to arrest the couple after four years of registering the case was not spelt out in the arrest memos, as mandated.

Venugopal Dhoot, Chairman of the Videocon Group, was today arrested by the Central Bureau of Investigation in the ICICI loan case.

A special court today reserved its order till June 7 on the plea of Rajiv Kochhar, brother-in-law of former ICICI CEO Chanda Kochhar, seeking cancellation of the Look Out Circular (LOC) against him in connection with the ICICI-Videocon loan case.

The Enforcement Directorate (ED) has summoned former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar next week in connection with a money laundering case related to a bank loan fraud, officials said.

The Central Bureau of Investigation's FIR in the ICICI-Videocon loan case has not only shaken the banking industry but has also attracted a sharp rebuke from Union Minister Arun Jaitley who in a blog of Friday used strong language against the country's top investigation agency. Mr Jaitley called the CBI's move "investigative adventurism."

Whistle-blower has claimed ICICI Bank had favoured Essar group for 'round-tripping' investments into NuPower Renewables.

Sources said Deepak Kochhar and Videocon chief Venugopal Dhoot could also be called for questioning.

However, the bank did not say anything regarding insolvency cases which was part of board meeting agenda.

Mr Dhoot had approached the high court on January 10 after the same bench granted bail to the Kochhars. The couple was arrested on December 23, 2022.

The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay High Court that the industrialist's arrest in the ICICI Bank loan fraud case was unwarranted as he was cooperating with the probe.

The court had yesterday said the reason to arrest the couple after four years of registering the case was not spelt out in the arrest memos, as mandated.

Venugopal Dhoot, Chairman of the Videocon Group, was today arrested by the Central Bureau of Investigation in the ICICI loan case.

A special court today reserved its order till June 7 on the plea of Rajiv Kochhar, brother-in-law of former ICICI CEO Chanda Kochhar, seeking cancellation of the Look Out Circular (LOC) against him in connection with the ICICI-Videocon loan case.

The Enforcement Directorate (ED) has summoned former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar next week in connection with a money laundering case related to a bank loan fraud, officials said.

The Central Bureau of Investigation's FIR in the ICICI-Videocon loan case has not only shaken the banking industry but has also attracted a sharp rebuke from Union Minister Arun Jaitley who in a blog of Friday used strong language against the country's top investigation agency. Mr Jaitley called the CBI's move "investigative adventurism."

Whistle-blower has claimed ICICI Bank had favoured Essar group for 'round-tripping' investments into NuPower Renewables.

Sources said Deepak Kochhar and Videocon chief Venugopal Dhoot could also be called for questioning.

However, the bank did not say anything regarding insolvency cases which was part of board meeting agenda.