Thursday, January 24, 2019

CBI Raids Videocon Office, Ex-ICICI CEO's Husband In Mumbai In Loan Case

The CBI has filed a case against former ICICI bank chief Chanda Kochhar's husband Deepak Kochhar 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. 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.

from Videos http://bit.ly/2FThDxY

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