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ICICI Bank Former MD and CEO Chanda Kochhar granted bail no permission to leave the country

Chanda Kochhar latest news: Videocon (videocon) company against Chanda Kochhar is accused of giving loans by following rules. Chanda Kochhar appeared in court today in this case.

Chanda Kochhar latest news: Former MD and CEO of Private Sector ICICI Bank (ICICI Bank) Chanda Kochhar has got bail today. Kochhar got relief from PMLA court here. For this bail, Kochhar had to pay a personal bond of Rs 5 lakh. But the court while giving relief also said that you do not have permission to go out of the country. The court has ordered Chanda Kochhar not to go out of the country without prior approval of the court.




Chanda Kochhar appeared in court today (Chanda Kochhar appeared in court today)

Let me tell you, Videocon (Videocon) company against Chanda Kochhar is accused of giving loans by following the rules. Chanda Kochhar appeared in court today in this case. Apart from Chanda Kochhar, her husband Deepak Kochhar is also an accused and he is currently in jail. In this case, Venugopal Dhoot of Videocon company has also been summoned and asked to appear in the Prevention of Money Laundering Act (PMLA) court. According to the news, the next hearing of the case will now be on March 12.

What was the matter (Chanda Kochhar ICICI Bank case)

The ED says that while Chanda Kochhar was in the top position of the bank, a bank committee gave the loan to Videocon International Electronics Limited, but a large amount of the loan was transferred to another company NRPL as a loan. went. The loan was transferred the very next day after Videocon got the loan. The special thing is that NRPL i.e. Nupower Renewables Pvt Ltd. Chanda is Kochhar’s husband Deepak Kochhar. The Enforcement Directorate took cognizance of this and finally the Special PMLA Court found Chanda Kochhar guilty of misusing the post.




Chanda Kochhar took up the position in the year 2009 (Chanda Kochhar took up the position in 2009)

The post of MD and CEO of ICICI Bank was taken over by Chanda Kochhar in 2009 and had to quit in 2018 due to money laundering case. According to the news, the special court said that the evidence that the ED has collected is sufficient to run a money laundering case against them.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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