“There was a strong suspicion that he might leak information about the ensuing searches.”
The CBI is conducting an internal inquiry into the suspected role of Superintendent of Police Sudhanshu Dhar Mishra in the alleged delay in probing the ICICI Bank loan fraud case.
Mr. Mishra, the supervisory officer, was transferred from the Bank Security and Fraud Cell (Delhi) to the Economic Offences Wing in Jharkhand’s Ranchi just a day after the FIR in the case was filed on January 22. Mr. Mishra is an Indian Revenue Service official on deputation with the CBI.
“A discreet inquiry was carried out. There was a strong suspicion that he might leak information about the ensuing searches. Therefore, he was transferred…,” an official said.
The official said Superintendent of Police Mohit Gupta, under whom the searches were conducted on the premises of the accused and the companies on January 24, is now the supervisory officer.
In March last year, the agency instituted a preliminary enquiry into allegations of irregularities in credit extended to Videocon Group companies by the ICICI Bank when Chanda Kochhar was its managing director and chief executive officer.
“After a review of the progress, it was decided to speed up the preliminary inquiry,” the official said.
On January 22, the agency converted the preliminary enquiry into an FIR against Ms. Kochhar, her husband Deepak Kochhar, Videocon Group head Venugopal Dhoot and others for sanction of credit between 2009 and 2012 in alleged violation of rules, causing a loss of ₹1,730 crore to the bank.
Among the companies arraigned are Mr. Kochhar’s Nupower Renewables Limited.