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.
Chennai: Shubman Gill and Rishabh Pant feasted on the Bangladeshi bowling to help Team India…
New Delhi: Posters protesting Narendra Modi’s visit to the United States, specifically New York, have allegedly…
Rourkela: Police have arrested the owner of a Jan Seva Kendra in Rourkela of Odisha's…
Bhubaneswar: In a joint forest raid conducted by forest wing of Odisha Vigilance on Saturday,…
Berhampur: The construction work of the heritage Paralakhemundi and Gunupur railway stations in Odisha as…
Bhubaneswar: Madhuri Meheta will lead Odisha in the Senior Women’s T20 Trophy to be played…
New Delhi: Atishi Marlena was on Saturday sworn in as the 8th chief minister of…
Sambalpur: The Hirakud Dam in Odisha's Sambalpur district reached its peak capacity of 630 feet,…