Loan fraud case: Ex-ICICI Bank CEO Chanda Kochhar, husband approach HC
1 year, 11 months ago

Loan fraud case: Ex-ICICI Bank CEO Chanda Kochhar, husband approach HC

Deccan Chronicle  

MUMBAI: Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar on Tuesday approached the Bombay High Court, calling their arrest by the Central Bureau of Investigation in a loan fraud case illegal. The CBI had named the Kochhars and Venugopal Dhoot, chairman of the Videocon Group, along with Nupower Renewables managed by Deepak Kochhar, Supreme Energy Private Ltd, Videocon International Electronics Ltd. and Videocon Industries Limited, in its FIR registered in 2019 under IPC sections related to criminal conspiracy and the Prevention of Corruption Act. The CBI has alleged that ICICI Bank had sanctioned credit of Rs 3,250 crore to the companies of the Videocon Group promoted by Dhoot in violation of the Banking Regulation Act, RBI guidelines, and credit policy of the bank. The CBI has alleged that a sanctioning committee headed by Chanda Kochhar in 2009 approved a term loan of Rs 300 crore to VIEL in contravention of the rules and policies of the bank by abusing her official position as a public servant.

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History of this topic

Bank fraud case: ED raids ex-directors, promoters of Kwality Ltd
3 weeks, 5 days ago

Bank fraud case: ED raids ex-directors, promoters of Kwality Ltd

Deccan Chronicle  

New Delhi: The Enforcement Directorate on Wednesday conducted searches at multiple locations in Delhi and adjoining areas as part of an alleged bank loan fraud linked money laundering probe against former promoters of liquidated dairy major Kwality Ltd, official sources said.About a dozen places are being raided under the provisions of the Prevention of Money Laundering Act, the sources said. …

Former Banker Among Eight Held for ₹4.8 Crore Loan Fraud
1 month, 2 weeks ago

Former Banker Among Eight Held for ₹4.8 Crore Loan Fraud

Deccan Chronicle  

Hyderabad:The economic offences wing of Cyberabad police arrested eight persons, including a former bank branch manager, in connection with a loan fraud involving forgery, cheating, and document fabrication case. The accused, including former ranch manager Karthik Rai, exploited the bank's lending process through fraudulent loan approvals, forged documents and illegal fund diversions. Between June 2020 and June 2023, Karthik Rai …

Charges framed against two suspended Chandigarh MC officials in ₹1 lakh bribe case
3 months, 1 week ago

Charges framed against two suspended Chandigarh MC officials in ₹1 lakh bribe case

Hindustan Times  

A special CBI court has framed charges against suspended municipal corporation chief sanitary inspector Chander Mohan and health supervisor Sandeep Dhankar for allegedly taking a bribe of ₹1 lakh in 2023. The CBI trap was laid following the complaint of Jitender Kumar, a resident of Ram Darbar, who was recently ousted from the department. The court of special CBI judge …

Excise policy case: Durgesh Pathak gets bail, Kejriwal’s judicial custody extended
3 months, 1 week ago

Excise policy case: Durgesh Pathak gets bail, Kejriwal’s judicial custody extended

The Hindu  

Two persons, including senior Aam Aadmi Party leader and Delhi MLA Durgesh Pathak, were granted bail by different courts in the Capital on Wednesday, in connection with the now-withdrawn Delhi excise policy for 2021-22. A Rouse Avenue court, while granting relief to Mr. Pathak, extended the judicial custody of Delhi Chief Minister Arvind Kejriwal, a co-accused in the case, till …

SC issues notice to Chanda Kochhar, husband on CBI’s appeal in loan fraud case
3 months, 2 weeks ago

SC issues notice to Chanda Kochhar, husband on CBI’s appeal in loan fraud case

Hindustan Times  

The Supreme Court on Friday sought replies from ICICI Bank’s former managing director Chanda Kochhar and her husband Deepak Kochhar on a petition filed by the Central Bureau of Investigation against the invalidation of their arrest by the agency in connection with the alleged ₹3,250-crore Videocon loan fraud case. A bench of justices Sanjiv Khanna and PV Sanjay Kumar issued …

CEN police arrest two persons from Gujarat for extorting ₹ 1.13 crore from Udupi doctor
3 months, 4 weeks ago

CEN police arrest two persons from Gujarat for extorting ₹ 1.13 crore from Udupi doctor

The Hindu  

The Udupi Cyber Economic and Narcotic Crime police have arrested two persons from Gujarat in connection with the extortion of ₹1.13 crore from a Udupi-based doctor by posing as Customs officials and virtually confining the latter in his house, recently. On July 29, 53-year-old Arun Kumar received a call from a person who claimed to be an officer from Customs, …

Delhi man scammed out of ₹11 cr on pretext of selling plot in Greater Noida, 1 arrested
4 months ago

Delhi man scammed out of ₹11 cr on pretext of selling plot in Greater Noida, 1 arrested

Hindustan Times  

The Greater Noida police have arrested a 55-year-old man in connection with a fraudulent land deal that defrauded a Delhi-based businessman of over ₹11 crore. When they inquired about the ownership transfer documents for the Surajpur plot, the accused provided various excuses, claiming that additional fees and approvals were pending. Ahmed, along with seven others, allegedly duped Paras Ram Singhal, …

CBI arrests five, including two NCL officials, in Madhya Pradesh, agency officer caught taking bribe
4 months ago

CBI arrests five, including two NCL officials, in Madhya Pradesh, agency officer caught taking bribe

The Hindu  

The Central Bureau of Investigation arrested five people — two officials of the Northern Coalfields Limited, one CBI officer and two others — following searches in Madhya Pradesh’s Singrauli. The CBI arrested Subedar Ojha, manager and private secretary to the NCL chairman and managing director, and recovered ₹3.85 crore in cash from his residence on August 17. Searches were carried …

₹2,000-crore ‘scam’: Ex-minister Ashu in judicial custody
4 months, 1 week ago

₹2,000-crore ‘scam’: Ex-minister Ashu in judicial custody

Hindustan Times  

The additional sessions court here on Monday sent former Punjab food and civil supplies and consumer affairs minister Bharat Bhushan Ashu to judicial custody in connection with an alleged ₹2,000-crore foodgrain transportation-linked money-laundering case. Bharat Bhushan Ashu Ashu, who was arrested by the ED on August 1, had been in the central agency’s custody since August 2. In August last …

Delhi excise case: HC upholds Kejriwal’s arrest by CBI
4 months, 2 weeks ago

Delhi excise case: HC upholds Kejriwal’s arrest by CBI

The Hindu  

The Delhi High Court on August 5 ruled that there was no malice on the part of the Central Bureau of Investigation in arresting Chief Minister Arvind Kejriwal in a corruption case connected with the excise policy case. Justice Neena Bansal Krishna rejected Mr. Kejriwal’s plea seeking declaration of his arrest by the CBI and all subsequent remands and his …

ED makes fresh arrest in Rajasthan's Jal Jeevan Mission case
5 months ago

ED makes fresh arrest in Rajasthan's Jal Jeevan Mission case

Deccan Chronicle  

Jaipur: The Enforcement Directorate has made a fresh arrest in connection with its money laundering investigation into alleged irregularities in the Jal Jeevan Mission scheme being implemented in Rajasthan, officials said on Wednesday. The central government's Jal Jeevan Mission aims to provide safe and adequate drinking water through household tap connections and is being implemented in Rajasthan by the state's …

Delhi liquor scam case: SC issues notices to CBI, ED on Manish Sisodia's bail plea
5 months, 1 week ago

Delhi liquor scam case: SC issues notices to CBI, ED on Manish Sisodia's bail plea

India TV News  

Manish Sisodia's plea: The Supreme Court on Tuesday issued notices to the Enforcement Directorate and the Central Bureau of Investigation on the bail plea of ​​former Deputy Chief Minister Manish Sisodia, accused in the Delhi liquor scam case. The Apex Court also agreed to hear Sisodia's pleas seeking bail in corruption and money laundering cases linked to the alleged Delhi …

Excise ‘scam’: Delhi High Court asks CBI to respond to Arvind Kejriwal’s bail plea in corruption case
5 months, 2 weeks ago

Excise ‘scam’: Delhi High Court asks CBI to respond to Arvind Kejriwal’s bail plea in corruption case

The Hindu  

The Delhi High Court on July 5 asked the CBI to respond to Chief Minister Arvind Kejriwal's bail plea in the corruption case registered by the CBI in connection with the alleged excise policy scam. Senior advocate Abhishek Singhvi, representing Kejriwal, said the AAP leader is not a flight risk and not a terrorist and the CBI arrested him after …

Fresh trouble for Vijay Mallya, CBI issues non-bailable warrant in ₹180-crore loan default case
5 months, 3 weeks ago

Fresh trouble for Vijay Mallya, CBI issues non-bailable warrant in ₹180-crore loan default case

Hindustan Times  

Fugitive businessman Vijay Mallya is now facing a fresh legal action by the Central Bureau of Investigation as a special CBI court issued a non-bailable warrant against him in the ₹180-crore loan default case linked to Indian Overseas Bank. Fugitive businessman Vijay Mallya The CBI, in its warrant, said the now-defunct Kingfisher Airlines promoter caused a wrongful loss of ₹180 …

Delhi High Court Will Hear Arvind Kejriwal's Case Against His Arrest
5 months, 3 weeks ago

Delhi High Court Will Hear Arvind Kejriwal's Case Against His Arrest

Deccan Chronicle  

New Delhi: The Delhi high court will hear on Tuesday chief minister Arvind Kejriwal’s plea challenging his arrest by the CBI in a corruption case related to the alleged excise policy scam. The trial court had on June 29 remanded Mr Kejriwal to judicial custody until July 12 as his three-day CBI custody ended in the excise policy case. After …

CBI misled Supreme Court, arrested Kejriwal despite claiming probe was complete, says Sanjay Singh
5 months, 3 weeks ago

CBI misled Supreme Court, arrested Kejriwal despite claiming probe was complete, says Sanjay Singh

The Hindu  

Aam Aadmi Party leader and Rajya Sabha member Sanjay Singh on June 30 said the Central Bureau of Investigation was “misleading” the Supreme Court and had arrested Chief Minister Arvind Kejriwal for the sole reason of keeping political opponents in jail. Announcing at a press conference that all parties under the INDIA bloc would protest on Parliament premises against the …

Excise 'scam': Delhi Court sends Arvind Kejriwal to judicial custody till July 12
5 months, 3 weeks ago

Excise 'scam': Delhi Court sends Arvind Kejriwal to judicial custody till July 12

India TV News  

The Rouse Avenue Court on Saturday sent Delhi Chief Minister Arvind Kejriwal to judicial custody till July 12 in the excise policy case. In the application given to Rouse Avenue Court seeking judicial custody, CBI has said that Arvind Kejriwal is not cooperating in the investigation and is deliberately avoiding giving direct answers to the questions. The Delhi court had …

Delhi Excise Policy Scam: CBI formally arrests Arvind Kejriwal from court
5 months, 3 weeks ago

Delhi Excise Policy Scam: CBI formally arrests Arvind Kejriwal from court

Op India  

The Central Bureau of Investigation on Wednesday arrested Delhi Chief Minister Arvind Kejriwal from the courtroom, in connection with the Excise policy case. CBI arrested the Aam Aadmi Party national convenor Kejriwal after the Vacation Judge of Delhi Court allowed CBI to examine/interrogate him in the courtroom so that the agency could proceed with his formal arrest. The Delhi High …

CBI arrests Dheeraj Wadhawan in Rs 34,000 crore DHFL bank fraud investigation
7 months, 1 week ago

CBI arrests Dheeraj Wadhawan in Rs 34,000 crore DHFL bank fraud investigation

India TV News  

The Central Bureau of Investigation made a significant breakthrough on Tuesday as it apprehended Dheeraj Wadhawan in connection with the Rs 34,000 crore DHFL bank fraud probe. SEBI's actions In February of this year, the Securities Exchange Board of India took action by ordering the attachment of bank accounts, shares, and mutual fund holdings belonging to former DHFL promoters Dheeraj …

CBI Arrests Dheerj Wadhawan In Rs 34,000 Crore DHFL Bank Fraud
7 months, 1 week ago

CBI Arrests Dheerj Wadhawan In Rs 34,000 Crore DHFL Bank Fraud

News 18  

The Central Bureau of Investigation on Tuesday arrested former DHFL Director Dheeraj Wadhawan in connection with the Rs 34,000 crore DHFL bank fraud. In the meanwhile, Dheeraj Wadhawan got interim bail in a separate matter on medical grounds from the Bombay High Court as he was admitted at the Lilavati Hospital for treatment. The agency in its charge sheet has …

CBI arrests Dheeraj Wadhawan in ₹34,000 crore DHFL fraud
7 months, 1 week ago

CBI arrests Dheeraj Wadhawan in ₹34,000 crore DHFL fraud

Hindustan Times  

The Central Bureau of Investigation has arrested Dheeraj Wadhawan, promoter of Dewan Housing Finance Ltd, in connection with the ₹35,000 crore fraud with a consortium of 17 banks led by Union Bank of India, people familiar with the development said. The Wadhawan brothers were arrested by CBI on July 19, 2022, but on December 3 same year, a trial court …

DHFL scam: Dheeraj Wadhawan arrested in ₹34,000-crore bank fraud
7 months, 1 week ago

DHFL scam: Dheeraj Wadhawan arrested in ₹34,000-crore bank fraud

The Hindu  

The CBI has arrested former DHFL Director Dheeraj Wadhawan in connection with the alleged defrauding of a 17-member lender bank consortium to the tune of ₹34,000 crore, officials said on May 14. In the meanwhile, Dheeraj Wadhawan got interim bail in a separate matter on medical grounds from the Bombay High Court as he was admitted at the Lilavati Hospital …

DHFL scam: CBI arrests director Dheeraj Wadhawan in ₹34,000- crore bank fraud case
7 months, 1 week ago

DHFL scam: CBI arrests director Dheeraj Wadhawan in ₹34,000- crore bank fraud case

Live Mint  

The Central Bureau of Investigation arrested former DHFL director Dheeraj Wadhawan in connection with a ₹34,000-crore bank fraud case, officials were quoted as saying on Tuesday. In February this year, the Securities and Exchange Board of India directed the attachment of bank accounts, shares, and mutual fund holdings belonging to former DHFL promoters Dheeraj and Kapil Wadhawan to reclaim dues …

Mohali: Banker arrested for stealing ₹3 crore from customers’ accounts
7 months, 2 weeks ago

Mohali: Banker arrested for stealing ₹3 crore from customers’ accounts

Hindustan Times  

Police on Thursday arrested an assistant manager of Cooperative Bank in Sialba village, Mohali, for siphoning off around ₹3 crore from the bank accounts of multiple customers. The accused, according to police, joined the bank as a helper in 2013 and later was appointed as clerk, eventually ascending to the post of assistant branch manager. The accused, Jasvir Singh, 56, …

Excise policy scam case: Manish Sisodia moves Delhi HC seeking bail in CBI, ED cases
7 months, 3 weeks ago

Excise policy scam case: Manish Sisodia moves Delhi HC seeking bail in CBI, ED cases

India TV News  

Excise policy scam case: Former Deputy Chief Minister and AAP leader Manish Sisodia on Thursday moved the Delhi High Court seeking bail in the corruption and money laundering cases being investigated by the CBI and the ED in relation to the alleged excise policy scam. The trial court has dismissed Sisodia's bail pleas in corruption and money-laundering cases lodged by …

Excise policy scam | Manish Sisodia moves Delhi court seeking interim bail for election campaigning
8 months, 1 week ago

Excise policy scam | Manish Sisodia moves Delhi court seeking interim bail for election campaigning

The Hindu  

Senior Aam Aadmi Party leader and and former Delhi Deputy Chief Minister Manish Sisodia, currently lodged in Tihar jail in connection with the Delhi excise policy scam case, has filed a plea in a Delhi court seeking interim bail to campaign for the party in the upcoming Lok Sabha polls. Excise policy scam: SC rejects AAP leader Manish Sisodia’s curative …

Ludhiana: Patwari, aide held for taking ₹3,500 bribe
8 months, 1 week ago

Ludhiana: Patwari, aide held for taking ₹3,500 bribe

Hindustan Times  

The Punjab Vigilance Bureau arrested a revenue patwari Sukhwinder Singh Sodhi, posted at Patwarkhana at Sector 32, Chandigarh Road, and his accomplice Amandeep Singh alias Deep, a resident of Dheri village near Meharban for allegedly demanding and accepting a bribe of ₹3,500. A VB spokesperson said the accused revenue official and his associate have been arrested on a complaint lodged …

IDBI official, woman aide arrested in Rs 3.7 cr fraud in Odisha
9 months, 1 week ago

IDBI official, woman aide arrested in Rs 3.7 cr fraud in Odisha

New Indian Express  

BHUBANESWAR: The Economic Offences Wing of Crime Branch arrested two more persons including an IDBI Bank official for their alleged involvement in Rs 3.7 crore fraud. One of the accused Sarojkanta Mohapatra, IDBI’s former Dandamukundapur branch head, was nabbed from Cuttack on Saturday while his accomplice Angel Mishra was arrested from Puri on Sunday. Another accused Tanmay Maharana, the bank’s …

Arrest of Chanda Kochhar, Her Husband in Loan Fraud Case Amounted to Abuse of Power by CBI: HC
10 months ago

Arrest of Chanda Kochhar, Her Husband in Loan Fraud Case Amounted to Abuse of Power by CBI: HC

News 18  

The arrest of ICICI Bank’s former Managing Director and Chief Executive Officer Chanda Kochhar and her husband Deepak Kochhar by the Central Bureau of Investigation in a loan fraud case was ”without application of mind and due regard to the law”, amounting to an ”abuse of power”, the Bombay High Court has said. A division bench of Justices Anuja Prabhudessai …

Chanda Kochhar’s arrest by CBI in ICICI-Videocon loan case was illegal: Bombay HC
10 months, 2 weeks ago

Chanda Kochhar’s arrest by CBI in ICICI-Videocon loan case was illegal: Bombay HC

Hindustan Times  

The Bombay high court on Tuesday allowed a petition filed by Chanda Kochhar, former chief executive officer and managing director of the ICICI Bank, questioning her arrest by the Central Bureau of Investigation in connection with alleged irregularities in loans provided to some Videocon Group firms. Kochhar and her husband, Deepak Kochhar, were arrested on December 23, 2022, in connection …

₹20-lakh bribery case: HC stays absconding SP’s arrest till Feb 6
10 months, 3 weeks ago

₹20-lakh bribery case: HC stays absconding SP’s arrest till Feb 6

Hindustan Times  

Faridkot : The Punjab and Haryana high court on Monday granted interim relief from arrest to absconding superintendent of police Gagnesh Kumar till the next hearing on February 6 in a ₹20-lakh bribery case. The Punjab and Haryana high court on Monday granted interim relief from arrest to absconding superintendent of police Gagnesh Kumar till the next hearing on February …

Will challenge Chanda Kochhar's interim bail in Bombay HC: CBI tells SC
1 year ago

Will challenge Chanda Kochhar's interim bail in Bombay HC: CBI tells SC

Hindustan Times  

The Central Bureau of Investigation on Friday informed the Supreme Court that it will move an application in the Bombay High Court seeking to cancel the interim bail granted to former ICICI Bank CEO Chanda Kochhar and her husband, Deepak Kochhar, in a loan fraud case, according to a Live Law report. Ex-ICICI Bank MD & CEO Chanda Kochhar Kochhar …

Money laundering case: PMLA court grants bail to ex-revenue officer
1 year, 2 months ago

Money laundering case: PMLA court grants bail to ex-revenue officer

Hindustan Times  

A Prevention of Money Laundering Act Special Court, Panchkula, granted bail to former district revenue officer-cum-land acquisition collector of Panchkula in a money laundering case linked to alleged financial fraud with the National Highways Authority of India and the Haryana State Infrastructural and Industrial Cooperation. Naresh Kumar Sheokhand, 63, former district revenue officer-cum-land acquisition collector of Panchkula had pressed on …

Supended CBI judge, nephew move bail plea; court seeks reply from ED on October 20
1 year, 2 months ago

Supended CBI judge, nephew move bail plea; court seeks reply from ED on October 20

Hindustan Times  

After suspended special CBI judge Sudhir Parmar and his nephew Ajay Parmar, who were arrested in a money laundering case, moved a bail application in a court, the Prevention of Money Laundering Act special court, Panchkula, presided over by Rajeev Goyal issued a notice to Enforcement Directorate on Tuesday, seeking a reply to the bail application on October 20. As …

Chandigarh: Charges framed against nine accused
1 year, 2 months ago

Chandigarh: Charges framed against nine accused

Hindustan Times  

The special court of CBI has farmed charges against nine accused in a 2019 bank fraud case, wherein a bank was cheated of ₹3.7 crores. The case was registered by CBI on the basis of a written complaint in September 2019 by Jagannadan Ganesan, chief regional manager of Indian Overseas Bank, Regional Office, Chandigarh. It case was registered against accused …

SC pulls up CBI on Kochhar’s repeated interim bail extension
1 year, 2 months ago

SC pulls up CBI on Kochhar’s repeated interim bail extension

Hindustan Times  

The Supreme Court on Tuesday pulled up the Central Bureau of Investigation for not objecting to the repeated extension of the two-week interim bail granted to former ICICI Bank chief Chanda Kochhar and her businessman husband Deepak Kochhar in January in connection with an alleged loans-kickbacks case. The Supreme Court pulls up CBI for not objecting to the repeated extension …

BJP MP Ramesh Bidhuri's ‘character certificate’ jibe at Kejriwal on Sanjay Singh arrest
1 year, 2 months ago

BJP MP Ramesh Bidhuri's ‘character certificate’ jibe at Kejriwal on Sanjay Singh arrest

Hindustan Times  

Bharatiya Janata Party MP Ramesh Bidhuri on Wednesday hit out at Delhi chief minister Arvind Kejriwal over the arrest of Aam Aadmi Party MP Sanjay Singh in the excise policy case. He called Satyendar Jain ‘kattar imaandar’”, Bidhuri, who is in the eye of a storm for abusing and hurling communal slur at a fellow MP in Lok Sabha few …

CBI searches premises of firm in ₹3,847.58-crore cheating case
1 year, 3 months ago

CBI searches premises of firm in ₹3,847.58-crore cheating case

Hindustan Times  

The Central Bureau of Investigation on Saturday carried out searches at four premises linked to a city-based firm and four of its promoters, who are accused of cheating a consortium of banks, led by State Bank of India, of ₹3,847.58 crore. The bank has alleged that the firm, Unity Infraprojects Limited, allegedly diverted the loan money it had obtained from …

Accused in Karuvannur bank scam benami of MLA and ex-MP, ED tells PMLA court
1 year, 3 months ago

Accused in Karuvannur bank scam benami of MLA and ex-MP, ED tells PMLA court

The Hindu  

The Enforcement Directorate on Friday told the Special Prevention of Money Laundering Act court here that Satheesh Kumar P., who was arrested in connection with the multi-crore Karuvannur Cooperative Bank scam, was a benami of a former MP, a sitting MLA and high-ranking police officers. The ED investigating team said in its remand report that the forensic examination of Mr. …

CBI arrests Enforcement Directorate officer for accepting Rs 5 crore bribe
1 year, 3 months ago

CBI arrests Enforcement Directorate officer for accepting Rs 5 crore bribe

India Today  

An official of the Enforcement Directorate was arrested on Monday by the Central Bureau of Investigation for allegedly taking bribes amounting to Rs 5 crore from businessman Amandeep Singh Dhall, an accused in the Delhi excise policy case. According to the complaint by the ED, it learnt that Amandeep Singh Dhall and Birender Pal Singh had given Rs 5 crore …

Chanda Kochhar, husband appear before special CBI court
1 year, 4 months ago

Chanda Kochhar, husband appear before special CBI court

Hindustan Times  

MUMBAI: Chanda Kochhar, former MD and CEO of ICICI Bank and her husband Deepak Kochhar on Wednesday appeared before the special CBI court in connection with the loan fraud case involving Videocon Group. HT Image The special CBI court had on July 12 accepted the charge sheet and issued notice to the Kochhar couple, Videocon group promoter Venugopal Dhoot and …

CBI arrests joint director of Director General of Corporate Affairs, 3 others in bribery case
1 year, 4 months ago

CBI arrests joint director of Director General of Corporate Affairs, 3 others in bribery case

India TV News  

The Central Bureau of Investigation arrested a Joint Director, Senior Technical Assistant, and two others in a bribery case of Rs 3 lakh. Meanwhile another joint director of MOCA posted as an Official Liquidator in Corporate Bhawan, Chennai and an associate of a Mumbai based private company were also arrested. The public servents were taking bribe from the private company …

CBI leaking information in corruption case: Sameer Wankhede tells Bombay High Court
1 year, 5 months ago

CBI leaking information in corruption case: Sameer Wankhede tells Bombay High Court

India Today  

Former Narcotics Control Bureau zonal director Sameer Wankhede on Thursday alleged that the Central Bureau of Investigation was leaking information to the media about the people they were summoning in the corruption case against him. Wankhede’s lawyer, Abad Ponda, submitted news reports to the Bombay High Court which allegedly listed witnesses that the CBI was going to summon in Wankhede’s …

Videocon loan fraud case: Enough material to proceed against accused, says court
1 year, 5 months ago

Videocon loan fraud case: Enough material to proceed against accused, says court

Hindustan Times  

While taking cognizance of the charge sheet filed by the Central Bureau of Investigation against Chanda Kochhar, former managing director and chief executive officer of ICICI Bank, and others, the special CBI court has observed that the loan given to Videocon group companies were in violation of the Reserve Bank of India circular and there was enough material to proceed …

Yes Bank-DHFL loan fraud case: Court allows Dheeraj Wadhawan to receive treatment at pvt hospital
1 year, 5 months ago

Yes Bank-DHFL loan fraud case: Court allows Dheeraj Wadhawan to receive treatment at pvt hospital

Hindustan Times  

MUMBAI: A special court hearing the Yes Bank - DHFL loan fraud case has allowed Dewan Housing Finance Corporation Ltd promoter Dheeraj Wadhawan to receive treatment for his heart-related ailments at Lilavati Hospital. The Wadhawan brothers were first arrested by the Central Bureau of Investigation in connection with the Yes Bank - DHFL fraud on April 26, 2020, and have …

ICICI Bank sanctioned ₹300-crore loan to Videocon Group company when it had no cash flow: CBI
1 year, 5 months ago

ICICI Bank sanctioned ₹300-crore loan to Videocon Group company when it had no cash flow: CBI

Hindustan Times  

ICICI Bank had in August 2009 sanctioned a ₹300-crore loan to M/s Videocon International Electronics Limited when the company had “no operating activity and no cash flow”, the Central Bureau of Investigation has said in its chargesheet. A special CBI court on Wednesday took cognisance of the chargesheet filed in March against Chanda Kochhar, former managing director and chief executive …

CBI books Delhi firm for cheating Union Bank of India of Rs 46 crore
1 year, 5 months ago

CBI books Delhi firm for cheating Union Bank of India of Rs 46 crore

India TV News  

The Central Bureau of Investigation filed an FIR against Delhi-based company Horizon Solution for allegedly cheating Union Bank of India to the tune of over Rs 46 crore in a loan fraud, officials said on Friday. The CBI has booked the East of Kailash-based company, its proprietor Zeba Urfi and guarantor Zaib Un Nisa on charges of criminal conspiracy, cheating, …

Bank fraud case: ED attaches properties worth ₹24.94 cr of Ludhiana-based firm
1 year, 5 months ago

Bank fraud case: ED attaches properties worth ₹24.94 cr of Ludhiana-based firm

Hindustan Times  

Directorate of Enforcement has provisionally attached properties worth ₹24.94 crore of director of Ludhiana-based Pure Milk Products Private Limited Charanjit Singh Bajaj and guarantor Gurdeep Kaur in connection with a bank fraud case. The properties attached include land and building of the firm situated at village Alamgir, Malerkotla Road in Ludhiana and various immovable properties in the name of both …

Ex-ICICI Bank CEO Chanda Kochhar got Rs 64 crore illegal gratification: CBI
1 year, 5 months ago

Ex-ICICI Bank CEO Chanda Kochhar got Rs 64 crore illegal gratification: CBI

India Today  

The Central Bureau of Investigation asked the Bombay High Court to take cognisance of its charge sheet, claiming that former ICICI Bank CEO and MD Chanda Kochhar "misappropriated the bank's funds for her own use" and got Rs 64 crore as "illegal gratification". The central probe agency said the amount was transferred through a complex structure involving various companies of …

Kochhars got flat in Churchgate in 2016 for just ₹11 lakh: CBI to court
1 year, 5 months ago

Kochhars got flat in Churchgate in 2016 for just ₹11 lakh: CBI to court

Hindustan Times  

MUMBAI: The Central Bureau of Investigation on Monday argued before a special CBI court that Chanda Kochhar, former CEO and managing director of ICICI Bank, misused her position to grant loans to Videocon Group firms, which were ineligible for any loans from the bank. The prosecutor said that Videocon was granted a Rupee Term Loan of ₹300 crore on August …

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