ICICI-Videocon loan case: Chanda Kochhar, husband Deepak Kochhar likely to be released today
Chanda Kochhar and her husband Deepak Kochhar were arrested in connection with an alleged multi-crore money laundering scam.
Chanda Kochhar and her husband Deepak Kochhar were arrested in connection with an alleged multi-crore money laundering scam.
Kochhar's advocate Amit Desai argued that Chanda had voluntarily sent an email to CBI saying that she is willing to come and explain everything but didn't get any response for one week.
The Kochhars nabbed on December 23 and Dhoot arrested on December 26, was produced before a Special Central Bureau of Investigation Court
The case is related to 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.
On December 23, CBI had arrested Chanda Kochhar and Deepak Kochhar. The couple is scheduled to remain in CBI custody till today (December 26).
The court issued a notice to the producer, director and others associated with the film for November 26 when it will next hear the matter.
The case relates 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.
An independent enquiry conducted by retired Supreme Court judge BN Srikrishna indicted Kochhar for violation of bank’s code of conduct and conflict of interest duties in the case.
The financial probe agency had questioned yje Kochhars in the national capital last month for five times.
The Kochhar couple arrived at the ED Headquarters in south Delhi's Khan Market area around 11 a.m. along with new sets of documents sought by the agency. Their questioning began soon after they deposed before the investigators.
