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
Tags: Chanda Kochhar, ICICI Bank, Videocon Case, Money laundering case, Bail
Courtesy: The Indian Express
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
Tags: Chanda Kochhar, ICICI Bank, Supreme Court, MONEY LAUNDERING, Videocon Case
Courtesy: NDTV
