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Cbi Books Videocon's Dhoot For 'corruption' In Financing Oil And Gas Assets | Business Standard News

by business-standard.com posted 8months ago 26 views
The agency has registered the FIR after a preliminary enquiry on a complaint from the Oil Ministry. : The CBI on Tuesday booked Videocon group Chairman Venugopal Dhoot for alleged corruption in the financing of their oil and gas assets in Mozambique in connivance with unidentified officials of a State Bank of India-led consortium, officials said. The enquiry findings show that in 2008 Videocon Hydrocarbons Holding Ltd (VHHL), a subsidiary of the Videocon Industries Limited (VIL), acquired 10 per cent "participating interest" in Oil and Gas Block in Rovuma Area 1 block, Mozambique, from the US-based Anadarko.

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