The Central Bureau of Investigation (CBI) had called Venugopal Dhoot, chairman, the Videocon Group and his brother and Rajya Sabha MP Rajkumar Dhoot for questioning in connection with the probe into allocation of spectrum in 2008, according to news reports.
It is believed that the Dhoots were questioned for over seven hours and confronted with documents stating that they had changed their share capital from Rs 0.1 million to Rs 1.50 billion. Also, it is believed that the CBI confronted them with the statement of their company secretary, submitted to the Department of Telecommunications, claiming change in the share capital. The agency also asked them to explain the minutes of the meeting of an extra-ordinary general body of the company held on August 27, 2007.
The questioning of the duo was part of the CBI questioning top officials of the nine companies? allocated spectrum in 2008. Videocon was allocated start-up spectrum of 4.4 MHz in all circles except Delhi.
