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Enforcement Directorate summons Chanda Kochhar in Videocon loan case
Updated On: 07 June, 2019 03:05 PM IST | | mid-day online desk
The ED alleges that while heading ICICI Bank, Chanda Kochhar illegally routed crores of rupees to NuPower Renewables Ltd, a company run by her husband

Chanda Kochhar. Pic/AFP
On June 7, 2019, the Enforcement Directorate (ED) summoned former ICICI Bank Managing Director and CEO on June 10 in connection with the Rs 1,875 crore Videocon loan case, an official said. The senior ED official told IANS that Kochhar has been summoned to appear before the agency's Jamnagar office in central Delhi on June 10 at 10.30 a.m.
#EnforcementDirectorate summons former #ICICI bank CEO and MD #ChandaKochhar in #Videocon loan case on June 10.
— IANS Tweets (@ians_india) June 7, 2019
Photo: IANS pic.twitter.com/xQPV8VQagn
The financial probe agency had questioned the Kochhars in the national capital last month for five times. The case is related to the alleged irregularities and corrupt practices in the sanction of an Rs 1,875-crore loan disbursed by ICICI Bank to the Videocon Group between 2009 and 2011.


