ICICI bank money laundering case: Chanda Kochhar back at ED office after being questioned till 4 am

CBI has already issued a lookout notice for Chanda Kochhar and Venugopal Dhoot as they are not allowed to go out of the city till the time probe is going on

ICICI bank money laundering case: Chanda Kochhar back at ED office after being questioned till 4 am | Chanda Kochhar,Venugopal Dhoot,ICICI bank money laundering case- True Scoop

The former ICICI CEO Chanda Kochhar reached Enforcement Directorate's office in the afternoon today after being questioned by ED till 4 am last night. Videocon's Venugopal Dhoot is also being questioned by the probe agency today after he was questioned till 11 pm last night.

On Friday, the Enforcement Directorate searched Chanda Kochhar's house and the search went on till 8 pm. 

CBI has already issued a lookout notice for Chanda Kochhar and Venugopal Dhoot as they are not allowed to go out of the city till the time probe is going on.

The money laundering case is related to a loan which was given to Videocon by ICICI bank when Chanda Kochhar was the CEO of it and the business relation of Kochhar's husband and Dhoot put a question mark on it.

It was further investigated and a Rs 64 cr investment was made by Dhoot in the NuPower Renewables company of Kochhar's husband just within two days when Dhoot was provided with a Rs 200 cr.

Also, Rs 3250 cr loan provided by ICICI bank to Videocon has become a Non-Performing-Asset.


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