Home / News / India News / Article / Enforcement Directorate summons Chanda Kochhar in Videocon loan case

Enforcement Directorate summons Chanda Kochhar in Videocon loan case

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

  • WhatsAppBookmarkBookmark
Listen to this article :
Chanda Kochhar. Pic/AFP

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.

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.

Read Next Story
Politicians back MS Dhoni over 'Balidaan Badge' on his glove

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All