The court summoned former ICICI CEO and MD Chanda Kochhar, her husband Deepak Kochhar and Dhoot on January 30 after taking cognizance of the ED’s charge sheet.
Videocon Group promoter Venugopal Dhoot appeared before a court in the ICICI Bank-Videocon money laundering case here on Friday and was granted bail.
Dhoot appeared before the special court for the Prevention of Money Laundering Act (PMLA), which had earlier issued summons to him.
Special Judge AA Nandgaonkar told him. Gave bail on a personal bond of Rs 5 lakh.
The court directed him not to leave the country without his permission and also asked him to surrender his passport to the investigating agency.
It states that they should appear before the Enforcement Directorate (ED) for investigation in the case.
The court summoned former ICICI CEO and MD Chanda Kochhar, her husband Deepak Kochhar and Dhoot on January 30 after taking cognizance of the ED’s charge sheet.
While Deepak Kochhar is in judicial custody, Chanda Kochhar appeared in court last month and was later granted bail.
Deepak Kochhar was arrested by the ED in September 2020 after registering a criminal case for money laundering based on an FIR lodged by the CBI against Kochhar, Dhoot and others.
The ED has alleged that ₹ 64 crore of the ₹ 300 crore loan amount approved by a committee of ICICI Bank headed by Chanda Kochhar’s Videocon International Electronics Ltd., was transferred by Videocon Industries to NewPower Renewables Private Limited (NRPL) on September Were given 8, 2009, the day after the disbursement of the loan.
NRPL was previously known as Nupower Renewables Limited (NRL) and is owned by Deepak Kochhar, ED said.
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