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Chanda Kochhar gets bail in Videocon case

Former ICICI Bank CEO and MD Chanda Kochhar on Friday appeared before a court in the alleged ICICI Bank-Videocon money laundering case, and was granted bail. It was the former banker’s first appearance in the court

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Chanda Kochhar, her husband Deepak, Videocon Group promoter Venugopal Dhoot  are accused of money laundering

Chanda Kochhar, her husband Deepak, Videocon Group promoter Venugopal Dhoot are accused of money laundering

Former ICICI Bank CEO and MD Chanda Kochhar on Friday appeared before a court in the alleged ICICI Bank-Videocon money laundering case, and was granted bail. It was the former banker’s first appearance in the court.

On January 30, the special court for Prevention of Money Laundering Act (PMLA) had summoned Chanda Kochhar, her husband Deepak, Videocon Group promoter Venugopal Dhoot and other accused after taking cognizance of the charge sheet. Chanda Kochhar accordingly appeared before the special Judge A A Nandgaonkar. 

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