Chanda Kocchar

Photo: Outlook India

Ex-ICICI Bank CEO Chanda Kocchar Granted Bail In Money Laundering Case

In the ICICI Bank-Videocon money laundering case, former ICICI Bank CEO Chanda Kochhar has been granted bail on a bond of Rs 5 lakh. However, she cannot leave the country without permission. Besides, her husband Deepak Kochhar, a co-accused in the case, has also been granted bail. Earlier on January 30, a special PMLA (Prevention of Money Laundering) court had summoned the Kochhars, Videocon Group promoter Venugopal Dhoot and other accused in… read-more

Fri, 12 Feb 2021 - 03:24 PM / by Ashly Ann Varghese

Tags: Chanda Kochhar, ICICI Bank, Videocon Case, Money laundering case, Bail

Courtesy: The Indian Express

Chanda Kochhar CEO of ICICI Bank

Photo: The Economic Times

Supreme Court Rejects Former ICICI Bank CEO Chanda Kochhar's Plea

The Supreme Court has rejected ICICI Bank's former CEO Chanda Kochhar's plea against her dismissal from the chief executive and MD post. Kochhar was fired in 2019, months after she stepped down from posts. Rejecting her plea, the court held, "this falls within the realm of private contract between bank and employer." Earlier, in 2019, ED booked Chanda, her husband Deepak and Videocon’s Venugopal Dhoot for irregularities in approving Rs 1,875… read-more

Tue, 01 Dec 2020 - 03:36 PM / by Sreemayi .S.R

Tags: Chanda Kochhar, ICICI Bank, Supreme Court, MONEY LAUNDERING, Videocon Case

Courtesy: NDTV