The CBI detained Videocon CEO Venugopal Dhoot on Monday in the suspected ICICI Bank-Videocon money laundering case, according to ANI.
The CEO was apprehended in Mumbai.
Previously, the agency had arrested Chanda Kochhar, the former managing director and chief executive officer of ICICI Bank, and her husband Deepak Kochhar in connection with the investigation.
A senior officer confirmed the claims that Chanda Kochhar, the then-CEO of ICICI Bank, sanctioned a loan for the Videocon Group of Companies.
It was also claimed that Videocon invested in a company owned by her husband, Deepak Kochhar, as part of a deal.
The case involves Rs 3,250 crore in loans made by ICICI to the Videocon Group, which is controlled by industrialist Venugopal Dhoot, when Chanda Kochhar was the bank’s CEO.
