TIL Desk/Business/New Delhi/ The Enforcement Directorate (ED) questioned former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar for a fifth consecutive day on Friday in connection with the Rs 1,875-crore Videocon loan case.
The Kochhar couple arrived at the ED Headquarters in south Delhi’s Khan Market area around 11 a.m. along with new sets of documents sought by the agency. Their questioning began soon after they deposed before the investigators.
They are being questioned about their business dealings with Videocon Chairman Venugopal Dhoot and about the financial transactions that took place between them, said an ED official. The case is related to the 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
ED alleges that while heading ICICI Bank, Chanda Kochhar illegally routed
crores of rupees to NuPower Renewables Ltd, a company run by her husband. The
Kochhars were questioned on many occasions last month in Mumbai. They are being
questioned in Delhi for the first time. The couple has been facing over eight
to nine hours questioning every day since May 13.
