Videocon chairman Venugopal Dhoot arrested: The central agency had arrested former ICICI Bank CEO and managing director Chanda Kochhar and her husband Deepak Kochhar last week.
Slam dunk and an airtight case where the investigators have probable cause and clear collusion between Videocon's Dhoot and Kochhars.
In Brothers Kochhars case, the missing link is Sharad Mhatre. In hot pursuit of the paper trail of family enterprise, IANS has now found that two investment companies, Elegant Investrade Pvt Ltd and Daisy Finvest, were used by the Kochhars to further their business interests. Elegant was incorporated on January 29, 1997 by Ms Savita Naik and Mr Sidharth Jadhav for Rs 20.
The trace-back begins with Modern Fashions, which was one of the principal shareholders in the two Kochhar Brothers Credential twins, along with ABS Components Pvt Ltd and KG Computers Pvt Ltd which were the other two.
Pacific Capital Services Pvt Ltd is under inspection and a separate report is ready for submission by government agencies.
The ED had registered a case of money laundering in February on the basis of a CBI FIR. In January, the CBI had raided four locations in Mumbai related to the case.
The agency, in a statement, said it is "conducting searches under PMLA at the premises of Chanda Kochhar, former chairman ICICI Bank, and Venugopal Dhoot of Videocon Group in Mumbai and Aurangabad respectively."
Kolkata: Brazilian football legend Arthur Antunes Coimbra, more popularly known as Zico, would be the manager cum head coach of the Indian Super League franchise Football Club of Goa (FC Goa).Zico signed the contract Tuesday
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