In fresh trouble for former ICICI Bank MD & CEO Chanda Kochhar, Central Bureau of Investigation (CBI) has issued a look out circular against her, news agency ANI reported. It comes days after the investigative agency registered a case against her in the ICICI Bank-Videocon loan case.
The high-profile case led to the unceremonial exit of Kochar from the bank amid allegations of impropriety in giving a loan to a company related to her husband’s business. CBI last month registered an FIR against Chanda Kochhar, her husband Deepak Kochhar, and Videocon group’s promoter Venugopal Dhoot.
The investigative agency also carried out raids at several locations including the Mumbai offices of Videocon and NuPower Renewables, the company run by Deepak Kochhar.
