TIL Desk/Business/Mumbai/ The Enforcement Directorate (ED) on Monday questioned former ICICI Bank CEO Chanda Kochhar for the fourth consecutive day in the ongoing probe into the alleged irregularities and corrupt practices in sanctioning a Rs 1,875 crore loan by the bank to the Videocon Group.
Chanda Kochhar’s questioning began at ED’s office around noon. Her husband Deepak Kochhar and Videocon Group promoter Venugopal Doot were also questioned in connection with the case. The Kochhars were questioned for over nine hours while Dhoot’s questioning continued till late night.
The ED questioned Chanda Kochhar for the first time on March 1 at her south Mumbai residence along with her husband. On Sunday, she was questioned for the third straight day. The agency on Sunday also quizzed Nishant Kanodia, chairman of Matix Group and son-in-law of Essar Group co-founder Ravi Ruia, regarding investments made by his Mauritius-based firm Firstland Holdings in NuPower Renewables Pvt Ltd, a company run by Deepak Kochhar.
Deepak Kochhar and Dhoot were on March 2 were quizzed till late night in the case. The ED on March 1 also carried out raids under the Prevention of Money Laundering Act (PMLA) at five offices and houses owned by the Kochhars and Dhoot.
