The Bombay High Court on Friday granted interim bail to Videocon Chairman Venugopal Dhoot who was arrested by the Central Bureau of Investigation (CBI) in the ICICI bank fraud case. A division bench of justices Revati Mohite Dere and P.K. Chavan directed Mr Dhoot to be released on a bail bond of ₹1 lakh. His other bail conditions are like the co-accused Chanda and Deepak Kochhar granted bail by High Court on January 9 this year. The bench was hearing Mr Dhoot’s plea seeking immediate release in the case. On January 9, the same bench had directed the release of co-accused ICICI bank’s former chief executive officer and managing director Chanda and her husband Deepak Kochhar from jail. He was arrested on December 26, 2022, and sent to judicial custody after three days with the Kochhars. He has urged the court to quash the First Information Report (FIR) against him as he has been co-operating with the central agency.

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