Videocon Group chairman Venugopal Dhoot and former ICICI Bank Managing Director, CEO Chanda Kochhar’s husband Deepak Kocchar left Enforcement Directorate’s (ED) Mumbai office after about 12 hour of questioning. They were called by Enforcement Directorate, Mumbai for questioning in ICICI Bank-Videocon loan case. ED had searched premises of Chanda Kochhar and Venugopal Dhoot on Friday. This is the first time a lookout circular (LOC) has been issued against Chanda Kochhar. The CBI had earlier issued LOC against Deepak Kochhar and Dhoot after it registered a preliminary enquiry in March last year to keep a tab on their travel plans at the immigration desks at the international airports. Chanda Kochhar stepped down from the post of CEO and MD on October 04 last year after expose of the loan saga. Her tenure in the bank was to end this March.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service