Why Were Chanda Kochhar, Her Husband Deepak Kochhar, And Videocon Chairman Venugopal Dhoot Arrested?

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SOURCEBusiness Today

In the private sector financial services (banking and insurance) there is a requirement for an institutional mechanism like a Central Vigilance Commission (CVC)-like organisation to monitor executives especially the CEO as past instances have shown the incompetence and/or complicity of independent directors.