ICICI Bank | wealthymatters

Related Party Transactions

March 29, 2018 Leave a comment

wealthymatters

Here are the details of this corporate-banker nexus outed by ICICI Bank and Videocon investor Arvind Gupta.

Gupta’s curiosity was aroused by a 10 per cent coincidence he noticed in ICICI’s loans to Videocon group companies and foreign fund inflows into husband Deepak Kochhar’s firm NuPower Renewables.

NuPower Renewables was originally founded as a 50-50 JV between the Dhoot family and the Kochhar and Advani families .Chanda Kochhar’s brother is Mahesh Advani. Read more of this post

Filed under Theory, Tool Kit Tagged with activist investor, Arvind Gupta, Bank NPAs, banking scam, bribe, Cayman Islands, Chanda Kochhar, corporate-banking nexus, Deepak Kochhar, DH Renewables Holding Limited, Firstland Holdings, ICICI Bank, Mahesh Advani, Managing Trustee, Mauritus, NPA, NuPower Renewables, payoff, Pinnacle Energy, postaday, quid pro quo, related party transactions, scam, Supreme Energy, trust, Tuskar Overseas, Venugopal Dhoot, Videocon, videocon case, Videocon Group, videocon scam

wealthymatters It took me a while to watch this series of videos from Aniruddha Bahal. If you are inclined to watch them,the links to the public videos are available below. But be warned that they get repetitive after a while.