Venugopal Dhoot’s plea, Chanda Kochhar’s demand for home food rejected in ICICI fraud case
NEW DELHI: A special court here on Thursday rejected Videocon founder Venugopal Dhoot’s plea which claimed that his arrest by the Central Bureau of Investigation (CBI) in the alleged loan fraud involving former ICICI Bank CEO and MD Chanda Kochhar was illegal. The CBI court also rejected applications of Chanda Kochhar and her husband Deepak […]
ED arrests Chanda Kochhar’s husband in Rs 1,730-crore ICICI loan case
NEW DELHI: The Enforcement Directorate (ED) on Monday arrested Deepak Kochhar, husband of former ICICI Bank CEO Chanda Kochhar, in connection with the ICICI Bank loan case. A top ED official told IANS, “Deepak Kochhar has been arrested under the Prevention of Money Laundering Act after daylong questioning.” He was arrested by the Mumbai branch […]
Chanda Kochhar should pay back bonuses, says ICICI Bank in petition to court
NEW DELHI: The ICICI bank has approached the Bombay High Court seeking effect to “termination of appointment” of Chanda Kochhar as its Managing Director and CEO, and also sought recovery of various amounts from her. In a monetary suit filed on January 10, the bank sought dismissal of Kochhar’s petition and stated that the issue […]
ED attaches Rs 78 crore worth assets of Chanda Kochhar and others
NEW DELHI: Assets worth Rs 78 crore have been attached by the ED in connection with a money laundering probe against former ICICI Bank Chairman Chanda Kochhar and others, officials said on Friday. A provisional order under the Prevention of Money Laundering Act (PMLA) has been issued for attachment of the properties that includes Kochhar’s […]
After Jaitley’s tweet, CBI officer who signed FIR against Kochhar in ICICI-Videocon case transferred
NEW DELHI: The CBI officer-in-charge who lodged FIR in the alleged irregularities pertaining to the sanctioning of loans by the ICICI bank, has been transferred out. Two days later, Union Minister Arun Jaitley went on social media against the CBI FIR suggesting it was “investigative adventurism” and a “journey to nowhere.” On Friday, Finance Minister […]
‘Adventurism over professionalism’: Arun Jaitley flays CBI for Chanda Kochhar probe
NEW DELHI: A day after the CBI named banking doyen K V Kamath and virtual who’s who of the sector for questioning in the alleged fraud case against former ICICI Bank CEO Chanda Kochhar, union minister Arun Jaitley Friday advised investigating agency to avoid “adventurism” and concentrate only on the bull’s eye. Jaitley, who is […]
Chanda Kochhar quits as CEO of ICICI Bank, Sandeep Bakhshi to take over
NEW DELHI: ICICI Bank Managing Director Chanda Kochhar has resigned from the bank with immediate effect. The board of the bank has accepted the request of Kochhar to seek early retirement, according to a regulatory filing. “The board accepted this request with immediate effect. The inquiry instituted by the board will remain unaffected by this […]