Pics courtesy Bar & Bench
New Delhi: The Central Bureau of Investigation (CBI) has filed the first chargesheet against former MD and CEO of ICICI Bank Chanda Kochhar, her husband Deepak Kochhar and Videocon Group founder Venugopal Dhoot in a Rs 3,250-crore loan fraud case.
PTI quoted officials as saying that the chargesheet has been filed under sections 120B (criminal conspiracy) and 409 (criminal breach of trust) of IPC and provisions of Prevention of Corruption Act, among others.
Nine entities, including companies and individuals, have been named in the chargesheet.
The CBI has moved to file its final report before a special court in Mumbai without the mandatory requirement of sanction to prosecute Chanda Kochhar from ICICI Bank, officials informed.
The bank’s response to a letter seeking sanction is awaited.
The special CBI court is yet to take cognisance of the chargesheet as it waits for the sanction before initiating the trial, if warranted.
The Kochhars were arrested on December 23 last year for alleged irregularities in ICICI’s loans to six firms of the Videocon Group, while Dhoot was arrested three days later for a disguised payoff to Deepak Kochhar.
The Kochhars were granted bail by Bombay High Court on January 9, and Dhoot on January 20.
Perth: The writing was on the wall after India had reduced Australia to 12/3 in…
Bhubaneswar: Agitated locals staged a road blockade after a mini-truck of Omfed hit an auto-rickshaw,…
Bhubaneswar: Alarmed at growing ganja peddling in the state, the Odisha government has launched a…
Jajpur: The Crime Branch of Odisha Pollice on Monday launched its investigation into the alleged…
Bhubaneswar: Prime Minister Narendra Modi is slated to embark upon a three-day visit to Odisha…
Bhubaneswar: The well-marked low pressure over the Bay of Bengal has intensified into a depression,…
Mumbai: Maharashtra Congress chief Nana Patole on Monday reportedly denied media reports claiming that he…
Bareilly: A day after clashes erupted during the survey of a local mosque following a…