In fresh updates in the Videocon loan case, the Central Bureau of Investigation (CBI) has arrested the Videocon CEO Venugopal Dhoot. Just a few days after CBI arrested ICICI Bank ex-CEO Chanda Kochhar and her husband Deepak Kochhar, now the CEO has been arrested, as per media reports.
As per a report in the Economic Times, the CBI has alleged that Deepak Kochhar was helped by a co-accused in getting the ownership of Nupower Renewables Ltd. (NRL). The income that was sourced through this entire transaction is also reportedly under scanner as per the charges, the Kochhars unduly benefited from this.
Disclaimer: This is a developing story. More updates will be added here once information is available.
Read More: CBI Arrests Videocon CEO Venugopal Dhoot In Fraud Case