Monday, Sep 23, 2019 | Last Update : 10:58 PM IST

CBI likely to quiz Chanda Kochhar

THE ASIAN AGE.
Published : Mar 5, 2019, 12:40 am IST
Updated : Mar 5, 2019, 6:04 am IST

The Enforcement Directorate (ED), another central probe agency that is investigating the case, has already questioned Chanda Kochhar several times.

Chanda Kochhar
 Chanda Kochhar

New Delhi: The CBI is now preparing to examine former CEO of the ICICI Bank Chanda Kochhar as part of its investigation into the alleged irregularitiesand corrupt practices in sanctioning a Rs 1,730-crore loan by the bank to the Videocon Group.

Sources said, "The CBI will soon start interrogation of all accused, including former CEO of the ICICI Bank, in this case. The CBI sleuths are in touch with other central probe agencies who are investigating this case and questioning the accused". The Enforcement Directorate (ED), another central probe agency that is investigating the case, has already questioned Chanda Kochhar several times.

The CBI recently booked Kochhar, her husband Deepak Kochhar and Videocon group MD Venugopal Dhoot for the alleged cheating and corruption in sanctioning loans to the company, which caused a loss of Rs 1,730 crore to the bank. Those who have been named as accused in the CBI's FIR include: Chanda Kochhar (former CEO, ICICI Bank),

Deepak Kochhar (MD of Nupower Renewables Ltd, V N Dhoot (MD of Videocon group), Nupower Renewables Ltd. (NRL), Supreme Energy Pvt. Ltd. (SEPL), Videocon International Electronics Ltd (VIEL), Videocon Industries Ltd. (VIL), and  others. The case has been registered under different sections of the Prevention of Corruption Act.

The CBI had registered a preliminary enquiry on the allegations that Rs 3,250 crore worth of loans were sanctioned by the bank to companies associated with the Videocon group in violation of the laid-down norms.

Tags: chanda kochhar, icici bank