Chanda Kochhar misused official position to sanction loan to Videocon: Mumbai Court summons Kochhar, husband in money laundering case

The Special Sessions Court dealing with money laundering matters has granted leave to the Enforcement Directorate to continue with their investigation in the case in the meantime and take any further steps as per law.
Chanda Kochhar misused official position to sanction loan to Videocon: Mumbai Court summons Kochhar, husband in money laundering case
Chanda Kochhar and Husband Deepak Kochhar

A Mumbai court has observed that former Managing Director and CEO of ICICI Bank, Chanda Kochhar misused her official position to grant loan to Videocon group companies for which she got illegal gratification through her husband accused Deepak Kochhar.

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