NEW DELHI: Just three days after the Central Bureau of Investigation (CBI) booked former ICICI Bank boss Chanda Kochhar, her husband Deepak Kochhar and Videocon group managing director Venugopal Dhoot for criminal conspiracy and cheating, the agency stated that summons to the accused would be issued in the near future.
While the agency had collected documents from their searches in Mumbai and Aurangabad in the offices of Deepak Kochhar and Dhoot, the agency added on Monday that “once all due procedures and document scrutiny is complete, summons will be issued to the accused persons in the matter."
CBI had registered a preliminary enquiry against Deepak Kochhar and Dhoot in March 2018 to investigate irregularities in the ₹40,000 crore loan made by a consortium of lenders to the Videocon group. It also pointed to an alleged conflict of interest in a ₹3,250 crore loan made to the Videocon group by ICICI Bank.
While Chanda Kochhar, one of the members of the loan sanctioning committee, has been accused of alleged “criminal conspiracy to cheat ICICI Bank dishonestly by abusing her official position" and receiving “illegal gratification and undue benefit through her husband", the first information report (FIR) filed by the CBI on 22 January also named among others Sandeep Bakshi, chief operating officer of ICICI Bank, as well as K.V. Kamath, who heads New Development Bank of BRICS countries and was managing director and CEO of ICICI Bank from 1996 till 2009.
Both of them, along with six others named in the FIR, could be investigated in the future.