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ICICI Bank-Videocon case: CBI seeks three-day custody of Videocon chairman, Chanda and Deepak Kochhar

Chanda Kocchar Deepak Kocchar

New Delhi: Videocon chairman Venugopal Dhoot, former MD and CEO of ICICI Bank Chanda Kochhar and her husband Deepak Kochhar were brought to CBI court on Monday in connection with the ICICI Bank-Videocon loan fraud case.
CBI has sought the custody of the Videocon chairman for three days and of the couple for three more days.
The CBI advocate said they have sought custody as they want to confront ‘all’ of them.
Earlier today, CBI arrested Videocon chairman Venugopal Dhoot, co-accused in the ICICI bank money laundering case.
On Saturday, CBI got a three-day remand of the couple in the case. Now, they have sought a remand for three more days. The CBI advocate said that they “We want to confront all of them”.
The CBI arrested the couple on Friday in connection with the alleged ICICI Bank-Videocon money laundering case.
The case is related to the alleged irregularities and corrupt practices in the sanction of a Rs 1,875 crore loan disbursed by ICICI Bank to the Videocon Group between 2009 and 2011.

Also Read: Chanda Kochhar: From Padma Bhushan To Jail

During its preliminary enquiry, the CBI found six loans worth Rs 1,875 crore were sanctioned to the Videocon Group and companies associated with it between June 2009 and October 2011 in an alleged violation of laid-down policies of ICICI Bank, which are part of the probe.
The agency has said that the loans were declared non-performing assets in 2012, causing a loss of Rs 1,730 crore to the bank.

(Except for the headline, this story has not been edited by HW News staff and is published from a syndicated feed.)

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Covid 19

West Bengal to hold meeting on state’s Covid preparedness

ANI
west bengal

Kolkata: West Bengal Health Department has scheduled a virtual meeting with all hospitals in the State on Monday, to assess their preparedness in tackling Covid 19 in case of a possible fourth wave in the country.
Speaking on Covid-19 preparedness, Debjyoti Dey, Assistant Superintendent of Maniktala ESI hospital, said that the hospital is ready to fight against Covid. “We have isolation wards ready for the Covid Positive patients,” Dey said.
“No one has yet been admitted. But our doctors and nursing staff are ready, we have already received some instruction from the health department and are working on it,” he added.
According to state Health Department data, West Bengal recorded 9 new COVID-19 cases on December 25.
There were 5 people who recovered from the infection and no deaths were recorded on that day. Total active cases were reported at 53 with 47 in home isolation and 6 in hospital.
With people gearing up to celebrate New Year and with state preparing for Ganga Sagar Mela, the annual religious congregation considered the largest after Kumbh, West Bengal authorities are putting in adequate measures.
Meanwhile, Union Health Minister Mansukh Mandaviya is also set to hold a virtual meeting with the Indian Medical Association (IMA) today regarding Covid-19 preparedness, situation, and awareness, IMA informed ANI.
Recently, IMA issued an advisory and appealed to the public to follow Covid-appropriate behaviour with immediate effect.

Also Read: Chanda Kochhar: From Padma Bhushan To Jail

“As per available reports, nearly 5.37 lakh new cases have been reported in last 24 hours from major countries like USA, Japan, South as per the available reports, nearly 5.37 lakhs new cases have been reported in last 24 hours from major countries like USA, Japan, South Korea, France and Brazil,” read the statement of IMA.
The Indian Medical Association has also appealed to the Government to upscale the preparedness for any such situation as seen in 2021 by issuing necessary instructions to the concerned Ministries and Departments to make available emergency medicines, oxygen supply and ambulance services.

(Except for the headline, this story has not been edited by HW News staff and is published from a syndicated feed.)

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