Sunday, November 1, 2020

India: ED summons former CEO of ICICI Bank, Chanda Kochhar, and her husband in bank fraud case

-

Enforcement Directorate (ED) has summoned Chanda Kochhar, former CEO of ICICI Bank, and her husband Deepak Kochhar in the money laundering case related to bank fraud and summoned them next week. ED officials gave this information.

Officials said Chanda Kochhar has been summoned on May 3, while Deepak and his brother Rajiv have been asked to appear before the investigating officer of the case on April 30. They have also been asked to file a statement under the Prevention of Money Laundering Act (PMLA).

Officials told that they along with Chanda Kochhar had been summoned last week. They said that the investigating officers need to quiz them to carry forward the investigation. Apart from this, they have been asked to bring some documents related to personal and official financial information.

ED raided Chanda Kochhar, her family and Venugopal Dhoot of Videocon Group at their Mumbai and Aurangabad premises.

- Advertisement -
- Advertisement -
- Advertisement -

MUST READ

Former Venezuelan national treasurer indicted in US for money laundering

Hugo Chávez’s former nurse has been charged with money laundering in a Miami federal court, accused of taking bribes from a billionaire media mogul...

Actress Lori Loughlin begins 2-month prison sentence for role in college admissions scam

Actress Lori Loughlin reported to a federal prison in Northern California on Friday to start a two-month sentence for her role in a massive...

FirstEnergy fires CEO, other executives over Ohio bribery scandal

FirstEnergy Corp. has fired its CEO amid multiple federal investigations related to an Ohio nuclear bailout law passed year. The Akron-based utility company announced in a...

Ukraine’s court strips critical power from anti-corruption agency

Ukraine's Constitutional Court has stripped the country’s anti-corruption agency of some of its critical powers. The high court’s ruling published on October 28 declared it...

Former South Korean President Lee Myung-bak sent back to prison for 17 years in corruption case

Former South Korean president Lee Myung-bak was ordered back to prison on Thursday (Oct 29) as the country's Supreme Court upheld a 17-year jail...

Subscribe For More

Get our daily notification on the latest financial crimes news around the World

Advertisement
Advertisement

Latest News

This Week

Taiwan’s UMC fined $60m for theft of trade secret to help Chinese chipmaker

Taiwan’s UMC has pleaded guilty to trade secret theft in the United States and will pay a $60 million fine in a case where...

Former Navy chief sentenced to 27 months for role in ‘Fat Leonard’ bribery scandal

A former U.S. Navy chief petty officer involved in the wide-ranging "Fat Leonard'' bribery scandal was sentenced Friday in San Diego to 27 months...

Former DEA spokesman sentenced to 7 years for posing as CIA agent to scam $4 million

A former spokesman for the Drug Enforcement Administration (DEA) was sentenced to 7 years in prison Wednesday for posing as a CIA agent on...

Macau to sign agreement with World Bank Group over money laundering risk assessment

Secretary for Security Wong Sio Chak was granted powers by the Chief executive to sign a Reimbursable Advisory Services Agreement Concerning Risk Assessment of...
Advertisement

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks