Former ICICI Bank MD and CEO Chanda Kochhar has appeared before the Enforcement Directorate office in Mumbai for questioning along with husband Deepak Kochhar in the ICICI Bank-Videocon loan PMLA case, PTI reported citing officials.
This comes a day after ED searched the premises of Chanda Kochhar and Venugopal Dhoot. The raids have been conducted in at least five office and residential premises in Mumbai and a few other locations, the officials said.
ED had registered a case under the Prevention of Money Laundering Act (PMLA) earlier this month against Chanda Kochhar, her husband Deepak Kochhar, Dhoot and others to probe alleged improprieties and a possible quid pro quo in sanctioning of Rs 1,875-crore loans by the ICICI bank to the corporate group.
