New Delhi: The Central Bureau of Investigation (CBI) on Friday arrested the previous managing director and chief govt officer of ICICI Financial institution Chanda Kochhar and her husband Deepak Kochhar within the alleged ICICI Financial institution-Videocon cash laundering case.
A senior officer confirmed the allegations in opposition to Chanda Kochhar, who was the then CEO of ICICI Financial institution, that she cleared a mortgage for Videocon Group of Firms.
It was additional alleged that an organization owned by her husband Deepak Kochhar acquired an funding from Videocon, as a part of a quid professional quo.
The case includes Rs 3,250 crore in loans given by the ICICI to the Videocon Group, managed by the industrialist Venugopal Dhoot, when Chanda Kochhar was main the financial institution.