MUMBAI: The particular CBI The courtroom on Wednesday took cognizance of the chargesheet filed towards former CEO of ICICI Bank Chanda Kochar , her husband Deepak Kochhar, Videocon promoter Venugopal Dhoot and others in a Rs 3,250-crore mortgage fraud case and issued summons to all of the accused. The subject will arise for listening to on August 2.
In the chargesheet, the CBI stated after Chanda Kochhar’s appointment as ICICI Bank MD and CEO used to be introduced in December 2008, the accused conspired together with her to get loans sanctioned to the financially-beleaguered Videocon crew. Loans have been prolonged now and again in lieu of unlawful gratification of Rs 64 crore paid within the guise of funding in M/s Nupower Renewables Limited, the Kochhar’scorporate.
The CBI claims an condo in Churchgate, the place the Kochhars have been staying, used to be additionally some of the inducements. The CBI stated “a flat of almost like area was sold in this society for Rs 16 crore in 2014 and for Rs 18. 5 crore in 2017”, while Chanda Kochhar were given the flat transferred in October 2016 for Rs 11 lakh simplest. “It is worthwhile to mention herein that her son Arjun Kochhar purchased a flat of like area on the same floor for Rs 19. 1 crore on November 12, 2021,” stated the chargesheet.
The CBI claimed its investigation printed that the Kochhars’ condo in CCI Chambers used to be owned by way of Videocon right through the related length. Deepak Kochhar, in conspiracy with Dhoot, bought stocks of Quality Appliance (corporate that owned the condo value Rs 5. 3 crore in 1996) for simplest Rs 11 lakh when quite a lot of mortgage proposals of Videocon have been into account in ICICI Bank.
In all, after Kochhar assumed the CEO’s function in May 2009, the CBI stated six rupee-term loans got to Videocon, and all have been sanctioned by way of the Committee of Directors headed by way of Chanda Kochhar in violation of pointers and ICICI Bank’s credit score coverage.
The chargesheet additionally named Dhoot’s nephew, Saurabh, and a CA, Dattatraya Kadam. Videocon Industries Limited, NuPower Renewables Limited and Supreme Energy Private Limited are the corporations named in it.
In the chargesheet, the CBI stated after Chanda Kochhar’s appointment as ICICI Bank MD and CEO used to be introduced in December 2008, the accused conspired together with her to get loans sanctioned to the financially-beleaguered Videocon crew. Loans have been prolonged now and again in lieu of unlawful gratification of Rs 64 crore paid within the guise of funding in M/s Nupower Renewables Limited, the Kochhar’scorporate.
The CBI claims an condo in Churchgate, the place the Kochhars have been staying, used to be additionally some of the inducements. The CBI stated “a flat of almost like area was sold in this society for Rs 16 crore in 2014 and for Rs 18. 5 crore in 2017”, while Chanda Kochhar were given the flat transferred in October 2016 for Rs 11 lakh simplest. “It is worthwhile to mention herein that her son Arjun Kochhar purchased a flat of like area on the same floor for Rs 19. 1 crore on November 12, 2021,” stated the chargesheet.
The CBI claimed its investigation printed that the Kochhars’ condo in CCI Chambers used to be owned by way of Videocon right through the related length. Deepak Kochhar, in conspiracy with Dhoot, bought stocks of Quality Appliance (corporate that owned the condo value Rs 5. 3 crore in 1996) for simplest Rs 11 lakh when quite a lot of mortgage proposals of Videocon have been into account in ICICI Bank.
In all, after Kochhar assumed the CEO’s function in May 2009, the CBI stated six rupee-term loans got to Videocon, and all have been sanctioned by way of the Committee of Directors headed by way of Chanda Kochhar in violation of pointers and ICICI Bank’s credit score coverage.
The chargesheet additionally named Dhoot’s nephew, Saurabh, and a CA, Dattatraya Kadam. Videocon Industries Limited, NuPower Renewables Limited and Supreme Energy Private Limited are the corporations named in it.