The amount was part of the Rs 40,000-crore loan that Videocon Group secured from a consortium of 20 banks led by SBI. Almost 86 per cent of the Rs 3,250 crore loan (Rs 2,810 crore) remained unpaid. The Videocon account was declared an NPA in 2017.
The agency also summoned Nishant Kanodia, chairman of Matix Group, regarding investments made by his Mauritius-based firm Firstland Holdings in NuPower Renewables Pvt Ltd, a company run by Kochhar’s husband Deepak Kochhar.
The questioning of Deepak Kochhar in connection with the investments received by NuPower Renewables Pvt Ltd from various domestic and foreign firms continued till late night, while Dhoot left around 11.30 pm.
On Friday, an ED team from New Delhi searched the South Mumbai residence of Chanda Kochhar, and the offices of NuPower Renewables Pvt Ltd run by her husband Deepak Kochhar in connection with its probe.
In its FIR, the CBI has alleged that Chanda Kochhar had “dishonestly” granted loans to the tune of hundreds of crores of rupees to the Videocon Group “in contravention of rules and policy ... by abusing her official position”.
Months after the preliminary inquiry to probe the alleged irregularities in the Rs 3,250 crore ICICI Bank-Videocon loan case, CBI has filed an FIR in the matter against the Kochhars and Videocon group's Venugopal Dhoot.