CBI arrests Videocon Group founder Venugopal Dhoot in ICICI loan fraud case

Videocon founder sent to custody till December 28, along with ex-ICICI Bank CEO Chanda Kochhar and her husband

The Central Bureau of Investigation (CBI) on Monday arrested Videocon Group founder Venugopal Dhoot in connection with the ICICI Bank loan fraud case. This came days after the probe agency apprehended ICICI Bank’s former chief executive officer (CEO) and managing director Chanda Kochhar and her husband Deepak Kochhar for alleged irregularities in financial transactions with the now-bankrupt conglomerate.

Dhoot was arrested from Mumbai after a brief questioning session on Monday morning. Later, a special CBI court in Mumbai sent him to the agency’s custody till Wednesday while extending the remand of the Kochhar couple till the same date.

The CBI