ICICI-Videocon loan case: ED calls Chanda Kochhar, husband Deepak for questioning today

ED is recording statements of the duo in connection with the investigation in the sanction of Rs 1,875 cr loan disbursed by ICICI Bank to Videocon Group

Asian News International May 17, 2019 08:55:38 IST
ICICI-Videocon loan case: ED calls Chanda Kochhar, husband Deepak for questioning today
  • Earlier on Thursday, ED questioned Chanda and her husband for the fourth consecutive day, for about 9 hours.

  • ED is recording statements of the duo in connection with the investigation in the sanction of Rs 1,875 cr loan disbursed by ICICI Bank to Videocon Group

  • On Tuesday, Chanda and Deepak were grilled were over eight hours by the ED in connection with the aforesaid case.

New Delhi: Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kocchar have been summoned by the Enforcement Directorate (ED) for questioning on Friday (today) in connection with ICICI Bank-Videocon loan case.

Earlier on Thursday, ED questioned Chanda and her husband for the fourth consecutive day, for about 9 hours.

The ED is recording statements of the duo in connection with the investigation into alleged irregularities and corrupt practices in the sanction of Rs 1,875 crore loan disbursed by ICICI Bank to Videocon Group in 2009 and 2011.

ICICIVideocon loan case ED calls Chanda Kochhar husband Deepak for questioning today

File photo of Chanda Kochhar, former ICICI Bank CEO, arriving at the Enforcement Directorate's (ED) office. Reuters

On Tuesday, Chanda and Deepak were grilled were over eight hours by the ED in connection with the aforesaid case.

In March, the ED had conducted raids at locations linked to the Kochhars, following which the duo was called for questioning to the probe agency's Mumbai office.

It had also questioned Deepak's brother Rajiv Kochhar from 30 April to 2 May, stating that he withheld crucial information pertaining to the case.

Videocon Group promoter Venugopal Dhoot was also questioned in connection with the case.

Updated Date:

also read

From Videocon to Avista, troubles mount for Chanda Kochhar-led ICICI Bank: The story so far
Business

From Videocon to Avista, troubles mount for Chanda Kochhar-led ICICI Bank: The story so far

Avista Advisory, founded by Rajiv Kochhar, got a mandate from ICICI Bank to restructure foreign currency-denominated debt deals worth over $1.7 billion

Videocon loan controversy: Chanda Kochhar's husband Deepak Kochhar says sweetheart deal allegations ruining his wife's career
Business

Videocon loan controversy: Chanda Kochhar's husband Deepak Kochhar says sweetheart deal allegations ruining his wife's career

Deepak Kochhar, the husband of ICICI bank MD and CEO Chanda Kochhar, said that allegations of a quid pro quo deal are damaging his wife's 30 year career

Sebi may soon summon Chanda Kochhar, husband Deepak; board to discuss coordinated efforts with govt, RBI
Business

Sebi may soon summon Chanda Kochhar, husband Deepak; board to discuss coordinated efforts with govt, RBI

The bank and Kochhar have been maintaining there has been no regulatory violation on their part and that she was not aware of specific business dealings of her husband.