After questioning ICICI bank officials, CBI to examine Chanda Kochhar in Rs 3,200cr Videocon loan case

After questioning several ICICI bank officials in the Videocon loan case, CBI is about to examine bank CEO Chanda Kochhar over the Rs 3,250 crore loan sanctioned to the Videocon Group in 2012, a large portion of which has now become NPA.

The CBI has questioned few ICICI bank officials as part of its preliminary inquiry to find if any quid pro quo was involved in the bank issuing the loan to the Venugopal Dhoot company.

According to sources, after studying the confiscated documents, CBI believes approval for the loan came from the top and many rules were flouted.

CBI, however, maintains that it’s not an interrogation, but that Kochhar will only be examined to understand the loan procedure along with probing the benefits her husband allegedly drew out of the transaction.

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