November 06, 2024 02:48 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region
ICICI-Videocon deal probe : Rajiv Kochchar questioned by CBI for third day

ICICI-Videocon deal probe : Rajiv Kochchar questioned by CBI for third day

| @indiablooms | 07 Apr 2018, 03:25 pm

New Delhi, Apr 7 (IBNS) : Central  Bureau of Investigation (CBI) officers are quizzing Rajiv Kochhar, brother-in-law of Chanda Kochhar, for the third consecutive day in connection with a Preliminary Enquiry (PE) into the  Rs3,250 crore bank loan granted by ICICI to Videocon Group in 2012.

According to media reports, Kochhar arrived at the agency’s Mumbai headquarter at the Bandra Kurla Complex (BKC) at 11.30 am on Saturday.

The reports quoted sources as saying that the  third day of questioning will concentrate on his company Avista Advisory and the loan granted by ICICI to Videocon.

On Thursday, Kochhar was stopped by the immigration authority at Chhatrapati Shivaji Maharaj International Airport (CSIA) in Mumbai while he was about to board a flight to Singapore. Kochhar was then brought to the agency’s headquarter in Mumbai and examined till late evening.

The agency is probing the allegation of alleged ‘quid-pro-quo’ in the loan granted to Videocon by ICICI whose CEO and MD is Chanda Kochhar. A Preliminary Enquiry (PE) into the case is already registered by the Delhi unit of the CBI.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.