Venugopal Dhoot pp

Venugopal Dhoot is an Indian businessman and people are curious to know more about Venugopal Dhoot Wife.

His wealth in 2015 was $1.19 billion, making him the 61st richest Indian, according to Forbes magazine.

He is the company’s founder, chairman, and managing director. On December 26, 2022, the CBI detained him in connection with the ICICI Bank Fraud case.

Authorities issued a lookout circular (LOC) for Chanda Kochhar, Dhoot, and their spouse Deepak Kochhar in April 2018.

Investigations by the Central Bureau of Investigation into irregularities involving a $410 million loan from ICICI Bank to Videocon Group led to the issuance of the LOC.

and the lending of $8.0 million by Dhoot of Videocon to NuPower Renewables, a business owned by Deepak Kochhar, using shell companies and a quid pro quo arrangement.

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Who Is Venugopal Dhoot Wife Rama Dhoot?

Venugopal Dhoot Wife, Rama Dhoot seems to be very much secretive when it comes to her personal information as Venugopal Dhoot Wife has not shared any information about herself.

Other than the fact that Venugopal Dhoot Wife name is Rama Dhoot, no further information was found on the web.

Venugopal Dhoot Wife
Venugopal Dhoot Wife, Rama Dhoot. (Source: veethi)

She also does not have any kind of social media accounts so no legitimate information about her was available at the time of writing this article.

Likewise, there is also no information on her family like her children’s names, relatives and other details on the web.

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Videocon CEO Arrested For Loan Fraud Case

According to allegations, Kochhar favored Videocon Group when making loans. ICICI Bank announced that it has chosen to launch an impartial investigation into the claims.

Venugopal Dhoot, the promoter of the Videocon group, is accused of giving NuPower Renewables Pvt Ltd. crores of rupees on March 29, 2018, according to The Indian Express (NRPL).

He founded the business alongside Chanda Kochhar’s husband Deepak Kochhar and two other family members six months after the Videocon group received a loan from the ICICI Bank in 2012 totaling 3,250 crore.

Venugopal Dhoot fraud
Chanda Kochhar and Venugopal Dhoot. (Source: Indian Times)

Six months after receiving the loan from the ICICI Bank, he allegedly transferred ownership of the company to a trust held by Deepak Kochhar for the sum of 9 lakh.

According to the report, the Videocon account was classified as a bad loan or NPA (Non-performing Assets) in 2017.

A CBI FIR charging Chanda, her husband Deepak, and businessman Venugopal Dhoot with defrauding the ICICI Bank of $1,730 crore was filed on January 24, 2019.

The CBI described their methods and accused them of crimes covered by Sections 120B (conspiracy) and 420 (cheating) of the IPC, Sections 7 (taking gratification), and Sections 13(2) (criminal misconduct) read in conjunction with 13(1)(d) (pecuniary advantage) of the Prevention of Corruption Act.

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