Today, the former ICICI Bank CEO Chandana Kochhar and her husband Deepak Kochhar were questioned by the Enforcement Directorate(ED) in connection with the Rs. 1875 crore Videocon loan case.

Today around 11 am, Chandana Kochhar and her husband arrived at the ED Headquarters which is in the Khan Market area of south Delhi. As per sources they carried fresh documents sought by the agency. The investigators soon began the questioning after they arrived.

An ED official said. they are being questioned about their business dealings with Videocon Chairman Venugopal Dhoot and also about the money transaction which they had between them.

The case is related to the alleged irregularities and corrupt practices in the sanction of a Rs.1,875-crore loan disbursed by ICICI Bank to the Videocon Group between 2009 and 2011.

The ED alleges that Ms. Kochhar while heading the ICICI Bank illegally routed crores of rupees to a company of her husband named NuPower Renewables Ltd.  Last month the Kochhar couple were questioned in Mumbai but in Delhi they being questioned for the first time.

Two months ago, the ED raided the office premises as well as the residence of Kochhars and also questioned them along with Dhoot. Doot allegedly invested in NuPower Renewables Ltd through his firm.

Related Articles
Next Story
Going Viral
Amit Shah Congratulates Team India Says,  “Another strike on Pakistan…”

Amit Shah Congratulates Team India Says, “Another strike on Pakistan…”

by Susmita June 17, 2019
On Sunday, after Indian cricket team’s comfortable victory over Pakistan by 89-runs at the ongoing cricket World Cup in England. Indian political leaders and parties have praised the team lavishly for the glorious win. Home Minister Amit Shah tweeted, "Another strike on Pakistan by team India and the result is the same." This was for the seventh time, India defeated Pakistan in the World Cup. The Home Minister tweeted, "Another...