Bank loan fraud case: HC grants interim bail to Videocon's Venugopal Dhoot

Mumbai: The Bombay High Court granted interim bail to Videocon Group founder Venugopal Dhoot on Friday, nearly a month after he was arrested by the Central Bureau of Investigation (CBI) in the ICICI Bank-Videocon loan fraud case.

A division bench of Justices Revati Mohite Dere and P K Chavan granted



bail to Dhoot on a surety of Rs one lakh. The court permitted him to furnish cash bail and then deposit the surety amount two weeks thereafter.

The bench also refused the CBI's request to stay its order so that it could approach the Supreme Court in appeal.