A particular CBI court docket in Mumbai has rejected the plea made by former ICICI Financial institution CEO and MD Chanda Kochhar and her husband Deepak Kochhar looking for dwelling meals, mattress, mattress, chair.
Nonetheless, the court docket has directed jail authorities to offer them weight-reduction plan meals with session of medical officer.
The CBI court docket had final week despatched Kochhars and Videocon group founder Venugopal Dhoot to 14-day judicial custody in reference to a mortgage fraud case, until January 10.
The CBI had named the Kochhars and Dhoot, together with firms Nupower Renewables (NRL) managed by Deepak Kochhar, Supreme Power Non-public Restricted (SEPL), Videocon Worldwide Electronics Ltd (VIEL) and Videocon Industries Restricted, as accused in its FIR registered in 2019 underneath Indian Penal Code sections associated to legal conspiracy and the Prevention of Corruption Act.
The CBI has alleged that ICICI Financial institution had sanctioned credit score services to the tune of Rs 3,250 crore to firms of the Videocon Group promoted by Dhoot in violation of the Banking Regulation Act, RBI tips, and credit score coverage of the financial institution.
In accordance with the CBI, a sanctioning committee headed by Chanda Kochhar in 2009 authorized a time period mortgage of Rs 300 crore to VIEL in contravention of the principles and insurance policies of the financial institution by abusing her official place as a public servant.
The day after the mortgage was disbursed, Dhoot allegedly transferred Rs 64 crore to NRL from VIEL by SEPL.
