Page 49 - Cbi

Rs 395-cr bank fraud: CBI files new case against Unitech, former directors

The CBI has filed a new case against Unitech Limited and its former directors in connection with an alleged fraud in the IDBI bank involving an amount of Rs 395 crore, officials said. Nearly six months after a complaint from the bank, the Central Bureau of Investigation (CBI) has booked the company and its former promoters and directors Ramesh Chandra, Ajay Chandra and Sanjay Chandra under the Indian Penal Code (IPC) sections dealing with criminal conspiracy and cheating and provisions of the Prevention of Corruption Act, the officials said. The accused Unitech founders are facing another CBI probe pertaining to an alleged fraud in the Canara Bank. The company was allegedly enjoying a vendor bill discounting (VBD) facility, a kind of credit, of Rs 400 crore from the IDBI bank in 2012, the officials said. "Due to slowdown in real estate sector and pile up of inventory, the company was facing liquidity mismatch, and the payment of VBD bills was delayed," the complaint, now a part of

Rs 140-cr bank fraud case: CBI books HDIL promoters Rakesh, Sarang Wadhawan

The CBI has booked HDIL promoters Rakesh Wadhawan and Sarang Wadhawan in a new bank fraud case involving an amount of Rs 140 crore pertaining to their subsidiary Guruashish Construction, officials said on Thursday. The fresh action was initiated on a complaint from the Union Bank of India against the businessmen who are embroiled in a Rs-4,300 crore Punjab and Maharashtra Cooperative (PMC) Bank scam case, they said. The bank has alleged that Guruashish Construction was a wholly-owned subsidiary of Housing Development and Infrastructure Limited (HDIL) engaged in the real estate business in Mumbai. The Wadhawans were booked by the Central Bureau of Investigation (CBI) in October 2020 in connection with a Rs 200 crore alleged loan fraud from Yes Bank and have been facing investigation by multiple agencies. They are also being probed by the Enforcement Directorate (ED) as part of another Prevention of Money Laundering Act case related to an alleged loan fraud at the PMC Bank involving

CBI moves SC challenging anticipatory bail granted to IT-official Karnani

CBI mentioned in the SC the plea challenging Gujarat High Court's anticipatory bail granted to Ahemdabad Additional Commissioner of Income Tax Santosh Karnani who is an accused in the corruption case

Delhi excise policy case: Court grants interim bail to five accused

Special Judge M.K. Nagpal granted bail to them on Rs 50,000 personal bail bond and Rs one lakh amount surety

There will be no probe by Central agencies against CPI-M leaders: Congress

Since the BJP/RSS combine and the CPI-M are two sides of the same coin, there will be no probe against the CPI-M leaders by national agencies, a top Congress leader in Kerala said

Kochhargate: A litmus test for CBI

The country's premier investigative agency's record in probing complex financial misdeeds is not exactly immaculate

CBI seizes Rs 40 lakh in cash, arrests IDAS officer in bribery case

The CBI has seized Rs 40 lakh in cash during searches conducted after the arrest of an Indian Defence Accounts Service (IDAS) officer attached to the Army's South Western Command in a Rs 10 lakh bribery case, officials said on Friday. The agency has arrested Uma Shankar Prasad Kushwaha, a 1998-batch IDAS officer attached to the South Western Command in Jaipur as the Integrated Financial Advisor (IFA), along with Ram Roop Meena, an accounts officer posted at the IFA office, Vijay Nama, a junior translator, and alleged middleman Rajendra Singh of Jaipur-based Tanushree Services. Three private persons -- Sunil Kumar of Jind-based Hitech Security Services Private Limited, Prabjinder Singh Brar of Ganganagar-based ESS PEE Traders and Dinesh Kumar Jindal of Bhatinda-based D K Enterprises -- were also arrested on bribery charges on Thursday, the officials said. "It was alleged that the accused of the three private firms entered into a conspiracy and were obtaining all works related to ...

CBI charges ex BARC chief Lulla with manipulating TRP against India Today

Probe agency has also accused him of providing IPL data to STAR for free, causing loss to BARC

Court imposes Rs 3 cr fine on ex-official in disproportionate assets case

A CBI court on Wednesday sentenced a former top official of a Central public sector undertaking to one-year rigorous imprisonment and imposed a fine of Rs 3 crore in a disproportionate assets case. A CBI release said the Special Judge for CBI Cases, Ernakulam has sentenced Jayaraman Gopal, the then General Manager & Officiating Executive Director, Hindustan Organic Chemicals Ltd, Ambalamugal, near here to undergo one-year rigorous imprisonment with fine of Rs 3 crore for possessing disproportionate assets. The CBI had registered a case on April 13, 2005 against Gopal and his wife on the allegations that he, while functioning as Deputy General Manager (Projects) and Officiating Executive Director and other positions in the PSU during the period from January 1, 1998 to February 28, 2005 had amassed assets in his name and family members, disproportionate to his known source of income. After investigation, a charge sheet was filed against Gopal and the Trial Court found the accused ..

CBI issues release order for ex-minister Anil Deshmukh in corruption case

A special CBI court here on Wednesday issued the release order of former Maharashtra home minister Anil Deshmukh who has been granted bail by the Bombay High Court in a corruption case. A vacation bench of the high court had on Tuesday rejected the Central Bureau of Investigation's plea seeking another extension on the stay to Deshmukh's bail order, thus paving the way for his release. On Wednesday, special judge for CBI cases S M Menjoge issued a release memo after the completion of bail formalities. Deshmukh was likely to walk out of the Arthur Road jail here where he was in judicial custody by Wednesday evening, his lawyers said. Justice M S Karnik had granted bail to the Nationalist Congress Party (NCP) leader on December 12, but stayed the order for ten days as the CBI sought time to challenge it in the Supreme Court. The probe agency moved the apex court but the appeal would be heard only in January 2023 as the court is closed for vacation. Last week, the high court had ext

CBI custody of Chanda Kochhar, her husband and Dhoot extended till Dec 29

A special Central Bureau of Investigation court here on Wednesday extended till December 29 the CBI custody of former ICICI Bank CEO and MD Chanda Kochhar, her husband Deepak Kochhar and Videocon group founder Venugopal Dhoot in connection with a loan fraud case. The probe agency arrested Kochhars last Friday after questioning them briefly. Dhoot was arrested on Monday. All the three were produced before special judge S M Menjoge at the end of their earlier remand on Wednesday. The CBI, represented by special public prosecutor A Limosin, sought their custody for another two days for further probe into the case. After hearing both the sides, the court extended the custody of Kochhars and Dhoot till December 29. The CBI had named the Kochhars and Dhoot, along with companies Nupower Renewables (NRL) managed by Deepak Kochhar, Supreme Energy Private Limited (SEPL), Videocon International Electronics Ltd (VIEL) and Videocon Industries Limited, as accused in its FIR registered in 2019 u

HC rejects ex-ICICI CEO Chanda Kochhar, husband's early hearing plea

Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar on Tuesday approached the Bombay High Court, calling their arrest by the Central Bureau of Investigation in a loan fraud case illegal. The court, however, refused to grant urgent hearing and directed the Kochhars to mention the matter before the regular bench once it resumes after vacation. A lawyer representing the Kocchars said that no prior sanction, as required under the law, was obtained by the CBI before their arrest. The probe agency arrested the Kochhars on Friday night after questioning them briefly. It alleged that they were evasive in their responses and did not cooperate in the investigation. The CBI had named the Kochhars and Venugopal Dhoot, chairman of the Videocon Group, along with Nupower Renewables (NRL) managed by Deepak Kochhar, Supreme Energy Private Ltd (SEPL), Videocon International Electronics Ltd. (VIEL) and Videocon Industries Limited, in its FIR registered in 2019 under IPC section

Former CM stages dharna for CBI probe into Ankita Bhandari murder

Congress leader and former chief minister Harish Rawat staged a dharna here, demanding a CBI probe into the Ankita Bhandari murder case. Expressing dissatisfaction over the ongoing SIT probe into the resort receptionist's murder, Rawat alleged that a VIP visitor to the resort for whom the slain receptionist was being pressured to offer "extra services" is being shielded. "Our dharna is for justice to Ankita and all the daughters of Uttarakhand who were victims of rape and murder. Why has the name of the VIP not been disclosed yet," Rawat asked. The dharna began at the Gandhi Park here on Monday and concluded at 12 noon on Tuesday. Ankita Bhandari was allegedly murdered by the owner of the Vanantara resort Pulkit Arya and his two accomplices after she resisted being pressured into offering extra services to a VIP guest. However, the ruling BJP termed Rawat's dharna a political stunt to get media attention. "He has lost from everywhere in the state in successive elections since 20

ICICI Videocon case: HC denies interim relief to Chanda Kochhar, husband

The petition by the Kochhars came up before a vacation bench of Justice Madhav Jamdar and Justice S. G. Chapalgaonkar but they declined to grant an urgent hearing in the matter

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

Mumbai court remands Chanda, Deepak Kochhar, Venugopal Dhoot in CBI custody

A CBI court here on Monday remanded former ICICI Bank CEO and MD Chanda Kochhar, her husband Deepak Kochhar, and Videocon group founder Venugopal Dhoot in CBI custody till December 28 in connection with a loan fraud case. The Kochhars were arrested by the probe agency on Friday night after a brief questioning session. Dhoot,71, was arrested on Monday morning. All three were produced before special court judge AS Sayyad. The Central Bureau of Investigation, represented by special public prosecutor A. Limosin, sought three-day custody to confront all the accused.

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

Venugopal Dhoot helped Deepak Kochhar get 95% share of NRL, alleges CBI

NRL was incorporated on December 24, 2008 with Deepak Kochhar, Venugopal Dhoot, and Saurabh Dhoot as the first directors of the company

Chanda Kochhar cheated bank by sanctioning Rs 3250 crore loan: CBI

The official said that they learnt that between June 2009 and October 2011 ICICI Bank sanctioned 6 high value loans to various Videocon Group companies

ICICI Bank's ex-CEO Chanda Kochhar, husband sent to CBI custody till Dec 26

A special court in Mumbai on Saturday remanded ICICI Bank's former CEO and MD Chanda Kochhar and her husband Deepak Kochhar in the custody of the Central Bureau of Investigation (CBI) till December 26 in connection with alleged cheating and irregularities in loans sanctioned by the bank to Videocon Group companies. The Kochhars were arrested by the probe agency on Friday night after a brief questioning session. The CBI has alleged that they were evasive in their response and did not cooperate in the investigation. The CBI had named the Kochhars and Venugopal Dhoot of Videocon Group, along with companies Nupower Renewables (NRL) managed by Deepak Kochhar, Supreme Energy, Videocon International Electronics Ltd and Videocon Industries Limited, as accused in the first information report (FIR) registered under Indian Penal Code (IPC) sections related to criminal conspiracy and provisions of the Prevention of Corruption Act in 2019. The CBI has alleged that ICICI Bank had sanctioned ...