Venugopal Dhoot
{{short description|Indian businessman|bot=PearBOT 5}}
{{Use dmy dates|date=June 2018}}
{{Infobox person
| name = Venugopal Dhoot
| image =
| birth_date = {{Birth date and age|1951|09|30|df=y}}
| nationality = Indian
| occupation = Founder-chairman of Videocon
| spouse =
| children = Anirudh Dhoot, Surbhi Dhoot.
| alma_mater = College of Engineering, Pune
| relatives =
}}
{{Use Indian English|date=June 2018}}
Venugopal Dhoot (born in Mumbai, India) is an Indian businessman. He is the founder, chairman and managing director of Videocon.{{cite web|url=http://www.bseindia.com/bseplus/AnnualReport/511389/5113891211.pdf |title=Annual report |publisher=videocon industries |access-date=11 October 2012}} He was arrested by the CBI on 26 Dec 2022 in the ICICI Bank Fraud case.{{Cite web |title=CBI arrests Videocon founder Venugopal Dhoot in ICICI Bank loan fraud case |url=https://www.telegraphindia.com/business/cbi-arrests-videocon-chairman-venugopal-dhoot-in-icici-bank-fraud-case/cid/1905927 |access-date=2022-12-27 |website=www.telegraphindia.com}}
Controversies
In April 2018, authorities issued a lookout circular (LOC) for Dhoot, Chanda Kochhar and her husband Deepak Kochhar.{{cite news|last1=Jain|first1=Meetu|title=CBI alerts airports. Chanda, Deepak, Venugopal can't leave India without informing authorities|url=https://www.indiatoday.in/business/story/lookout-circular-issued-for-airports-against-chanda-kochhar-deepak-kochhar-venugopal-dhoot-1206471-2018-04-06|access-date=7 April 2018|work=India Today|language=en}} The LOC was issued due to Central Bureau of Investigation (CBI) investigations into irregularities concerning a {{INRconvert|3250|c}} loan made from ICICI Bank to Videocon Group{{cite news|title=CBI questions Rajiv Kochhar, Venugopal Dhoot aide in Videocon loan case|url=https://www.hindustantimes.com/business-news/cbi-questions-rajiv-kochhar-for-third-day-in-videocon-loan-case/story-il8zslZbU0tFNYxrG8trWI.html|access-date=7 April 2018|work=Hindustan Times|date=7 April 2018|language=en}} and the use of shell companies and a quid pro quo arrangement in the case of a {{INRconvert|64|c}} loan by Dhoot of Videocon to NuPower Renewables,{{cite news|last1=Ohri|first1=Raghav|title=Agencies to probe use of shell companies for Rs 64 crore Videocon loan|url=https://economictimes.indiatimes.com/news/company/corporate-trends/agencies-to-probe-use-of-shell-companies-for-rs-64-crore-loan/articleshow/63617877.cms|access-date=7 April 2018|work=The Economic Times|date=5 April 2018}} a company which is owned by Deepak Kochhar.
In January 2023 he was granted interim bail by the Bombay High Court on the grounds that his arrest was not in compliance with the law.{{cite web |title=HC grants interim bail to Venugopal Dhoot, says reasons "casual, sans substance" |url=https://www.livemint.com/news/india/hc-grants-interim-bail-to-venugopal-dhoot-says-reasons-casual-sans-substance-11674216426686.html |website=Mint |date=20 January 2023 |access-date=February 17, 2023}}
References
{{Reflist|2}}
External links
- [https://www.forbes.com/profile/venugopal-dhoot/#6c5df970590e Venugopal Dhoot] on Forbes
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Category:Businesspeople from Mumbai
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