CBI arrests Videocon Chairman Venugopal Dhoot in ICICI Bank fraud case

This comes just days after the agency arrested former ICICI Bank's chief executive officer and managing director, Chanda Kochhar, and her husband, Deepak Kochhar on December 23

The Central Bureau of Investigation (CBI) arrested Videocon Chairman Venugopal Dhoot in the ICICI bank fraud case on Monday. This comes just days after the agency arrested ICICI Bank’s former chief executive officer and managing director, Chanda Kochhar, and her husband, Deepak Kochhar on December 23. 

The special CBI court remanded the couple on Saturday and revealed that Kochhar was helped by Dhoot to get the ownership of Nupower Renewables Ltd (NRL). NRL was incorporated on December 24, 2008, with Deepak Kochhar, Venugopal Dhoot, and Saurabh Dhoot as the first directors of the company.

Venugopal Dhoot and Saurabh Dhoot resigned