The Central Bureau of Investigation has registered an FIR against Chanda Kochhar and his husband Deepak Kochhar in connection with the Rs 3,250 crore ICICI Bank-Videocon loan and raids are being conducted by the officials of the agency at multiple locations in Mahrashtra.
The FIR and search operations that started Thursday morning also covered offices of Nupower, a company operated by ICICI Bank’s former CEO Chanda Kochhar’s husband Deepak Kochhar and Supreme Power, they said.
It is alleged that Videocon promoter Venugopal Dhoot allegedly invested crores of rupees in Nupower months after the Videocon group got Rs 3,250 crore as loan from the ICICI Bank in 2012, they said. The agency had registered a preliminary enquiry against Videocon promoter Venugopal Dhoot, Deepak Kochhar and unidentified others in March last year, they said.
A PE is a precursor before the agency lodges an FIR. The agency has now converted it into an FIR which means a full blown investigation has been started by the agency after registration of a case.
The details of the FIR and names of the accused are awaited, they said.
—India Legal Bureau