Kochhars' arrest by CBI abuse of power, says HC
Hindustan Times|February 20, 2024
The Bombay High Court has come down heavily on the Central Bureau of Investigation (CBI) for its handling of the case of Chanda Kochhar and her husband Deepak Kochhar in December 2022, calling their arrest an "abuse of power" and "without application of mind".
Sahyaja MS
Kochhars' arrest by CBI abuse of power, says HC

The scathing remarks were part of the court's February 6 order that confirmed the interim bail granted to the couple on January 9, 2023. The order became available on Monday.

The CBI alleged that Chanda Kochhar, during her tenure as the CEO and MD of ICICI Bank, granted loans to Videocon Group companies, promoted by Venugopal Dhoot, in a quid pro quo arrangement. Shortly after receiving the loans, Videocon Group invested in a company founded by Deepak Kochhar, the agency claimed.

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