Videocon Loan Case: ED Summons Chanda Kochhar on 10 June
The financial probe agency had questioned the Kochhars in the national capital last month five times.
The Enforcement Directorate (ED) on Friday, 7 June, summoned former ICICI Bank Managing Director and CEO Chanda Kochhar on 10 June in connection with the Rs 1,875 crore Videocon loan case, an official said.
The case is of alleged irregularities and corrupt practices in the sanction of a Rs 1,875 crore loan disbursed by ICICI Bank to the Videocon Group between 2009 and 2011.
The financial probe agency had questioned the Kochhars in the national capital last month five times.
Court Directs Withdrawal of Look out Circular Against Rajiv Kochhar
A Delhi court on Friday directed the authorities concerned to withdraw the look out circular (LOC) against Rajiv Kochhar, brother-in-law of Chanda Kochhar.
Special Judge Anju Bajaj Chandna allowed Rajiv, a non-resident Indian, to return to Singapore where he is currently based.
However, taking note of the submissions made by Enforcement Directorate's (ED) special public prosecutor, Nitesh Rana, the court imposed various conditions on the accused, PTI reported.
Rajiv will leave the country only after furnishing a fresh itinerary and giving his address in Singapore, contact numbers and e-mail.
(With inputs from PTI and IANS)
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