The Economic Times

Court issues notices to Videocon's Venugopal Dhoot under ED's Rs 61,700 cr bank loan fraud allegation

Enforcement Directorate has taken cognisance of a chargesheet in a bank loan fraud case. A Delhi court has issued notices to Videocon Group promoter Venugopal Dhoot and others. The case involves alleged diversion of funds meant for oil and gas assets. The agency has quantified the alleged proceeds of crime. The money laundering case stems from a CBI FIR.