CBI to question ICICI MD Chanda Kochhar's husband over loan controversy

The Central Bureau of Investigation (CBI) is gearing up to question Deepak Kochhar, husband of ICICI Bank Managing Director, Chanda Kochhar.

Kochhar will be questioned for his involvement in the sanctioning of a Rs 3,250 crore loan to the Videocon Group by ICICI Bank Ltd. The loan was given in the year 2012.

Recently, reports had come out of Videocon Chairman Venugopal Dhoot allegedly providing money to a firm promoted by Deepak Kochhar and his relatives. The money was provided to the firm six months after Videocon was given loans by ICICI Bank.

According to reports, Deepak Kochhar, along with some ICICI Bank officials will be called to the CBI office. Other banks that lend money to the Videocon Group are also likely to be probed by the CBI. There are reports that an FIR may be filed against Deepak Kochhar.

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