38.6c New Delhi, India, Tuesday, August 26, 2025
Top Stories Supreme Court
Political NEWS Legislative Corner Celebstreet International Videos
Subscribe Contact Us
close
Business

Chanda Kochhar appears before Enforcement Directorate

By LawStreet News Network      13 May, 2019 12:00 AM      0 Comments
Chanda Kochhar appears before Enforcement Directorate

On Monday 13th May, 2019 Former ICICI Bank CEO Chanda Kochhar appeared before Enforcement Directorate in connection with a bank loan fraud and money laundering case which was registered against her.

As Per the official sources she arrived before ED before her scheduled appearance time of 11 am today and she is also required to assist the IO in the investigation and her statement will be recorded under the Prevention of Money Laundering Act (PMLA).

Her husband Mr. Deepak Kochhar was also notified with her brother in law (Deepak's brother) Rajiv Kochhar who has been grilled by the ED few days back here, in the same money laundering case.

Enforcement Directorate registered a criminal complaint under Prevention of Money Laundering Act against Former ICICI Bank CEO Chanda Kochhar, Deepak Kochhar, Venugopal Dhoot and others as per the investigation which claimed irregularities and corrupt practices in sanctioning of Rs 1,875-crore loans by the Bank to the corporate group.

Enforcement Directorate action was based on the FIR which was registered against her on January, 24th 2019.

 



Share this article:

User Avatar
About:


Leave a feedback about this
TRENDING NEWS

sc-restores-mandatory-20-percent-deposit-for-suspension-of-sentence-in-cheque-bounce-case
Trending Judiciary
SC Restores Mandatory 20% Deposit for Suspension of Sentence in Cheque Bounce Case [Read Order]

SC sets aside P&H HC order; rules 20% deposit mandatory for suspension of sentence in ₹8.65 crore cheque bounce case under NI Act.

25 August, 2025 12:35 PM
18-former-judges-write-to-union-home-minister-amit-shah-criticizing-his-remarks-on-justice-b-sudershan-reddy
Trending Judiciary
18 Former Judges write to Union Home Minister Amit Shah, criticizing his remarks on Justice B Sudershan Reddy

18 ex-judges write to Union HM Amit Shah, criticizing his remarks on Justice B Sudershan Reddy, stressing judicial independence and dignity.

25 August, 2025 03:09 PM

TOP STORIES

state-a-constitutional-employer-cant-use-financial-constraints-as-talisman
Trending Judiciary
State, a constitutional employer, can't use financial constraints as 'talisman' to deny lawful regularisation to workers: SC [Read Judgment]

SC says State can’t cite financial crunch to deny workers regularisation; fairness in public employment is constitutional obligation.

20 August, 2025 01:48 PM
himachal-prasesh-hc-quashes-disciplinary-action-against-security-guard
Trending Judiciary
Himachal Pradesh HC Quashes Disciplinary Action Against Security Guard At Chief Minister’s Residence [Read Order]

Himachal Pradesh HC quashes disciplinary action against constable over CM residence lapse, citing lack of evidence and violation of fairness.

20 August, 2025 03:05 PM
setback-for-wb-govt-sc-dismisses-review-petition-in-teachers-recruitment-scam-case
Trending Judiciary
'Setback for WB govt,' SC dismisses review petition in teachers’ recruitment scam case [Read Order]

SC dismisses WB govt’s review plea in teachers’ recruitment scam; upholds invalidation of 25,753 tainted appointments to protect selection purity.

21 August, 2025 02:09 PM
sc-dismisses-plea-against-suspension-of-toll-collection-due-to-poor-road-upkeep-long-traffic-jam
Trending Judiciary
SC dismisses plea against suspension of toll collection due to poor road upkeep, long traffic jam [Read Order]

SC upholds Kerala HC order halting toll at Paliyekkara over poor highway upkeep, traffic jams, citing citizens’ plight, fuel wastage & environment.

21 August, 2025 02:47 PM

ADVERTISEMENT


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email