Mumbai: The Central Bureau of Investigation (CBI) has filed a chargesheet against former MD and CEO of ICICI Bank Chanda Kochhar and her husband Deepak Kochhar along with Videocon Group founder Venugopal Dhoot in a Rs 3,250 crore loan fraud case, officials confirmed today.
The central agency has filed the chargesheet and named nine entities, including companies and individuals, under sections 120-B 9criminal conspiracy) and 409 (criminal breach of trust) of the Indian Penal Code (IPC) and provisions of the Prevention of Corruption Act, among others.
Sources reveal that the agency is yet to obtain a sanction from ICICI Bank to prosecute Chanda Kochhar, as per the provisions of the Prevention of Corruption Act 1985. The charge sheet has been submitted in the registry of the Mumbai sessions court and copies have been sent to the accused and then presented before the special CBI Court for taking cognizance.
Kochhars were arrested on December 23 last year in Delhi for alleged irregularities in ICICI’s loans to six firms of the Videocon Group. Dhoot was arrested three days later on December 26 for a disguised payoff to Deepak Kochhar. The Kochhars were granted bail by Bombay High Court on January 9 and Dhoot was granted bail on January 20, 2023.