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Videocon-ICICI loan: CBI initiates inquiry against Deepak Kochhar
Updated On: 31 March, 2018 12:17 PM IST | New Delhi | ANI
The role of Deepak Kochhar in the case dates back to December 2008, when he set up a joint venture with Dhoot, NuPower Renewables Pvt Ltd (NRPL) with 50-50 shares owned by both and their associates
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The Central Bureau of Investigation (CBI) has registered a preliminary enquiry (PE) against ICICI Bank CEO Chanda Kochhar's husband Deepak Kochhar in connection with Videocon loan row, sources said on Saturday. Chanda Kochhar, her husband Deepak Kochhar, and Venugopal Dhoot, the promoter of Videocon Group are caught up in a controversy over ICICI allegedly granting loan worth Rs 3,250 crore to Videocon, of which the unpaid Rs 2,810 crore were declared NPA in 2017.
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