ICICI -Videocon loan case: Chanda Kochhar questioned for 8 hours on day 2

Enforcement Directorate grilled Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar for over eight hours on Tuesday for the second consecutive day in connection with ICICI -Videocon loan case. Video Group promoter Venugopal Dhoot has also been questioned in connection with the case.

New Delhi:Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar were questioned for over eight hours by the Enforcement Directorate (ED) on Tuesday for the second consecutive day in connection with an alleged bank loan fraud and money laundering case registered against them.

The Directorate has also called them for questioning tomorrow.

The ED earlier grilled them at its Mumbai office after the agency conducted raids in March at premises connected to them. Chanda Kochhar, who was summoned on May 3 by ED, had sought an extension of time to appear before the agency.

The ED had previously questioned Deepak Kochhar's brother Rajiv Kochhar from April 30 to May 2. According to ED source, Rajiv Kochhar allegedly withheld crucial information pertaining to the case.

The matter related to alleged irregularities and corrupt practices in the sanction of a Rs 1,875 crore loan disbursed by ICICI Bank to Videocon Group in 2009 and 2011.

The ED had on March 1 carried out searches at the premises of Pacific Capital Services Private Limited and Quality Techno Advisors Pvt Ltd. The duo holds stakes in two companies.

The two firms have moved a petition in the PMLA appellate tribunal, seeking the release of documents which were allegedly seized by the ED on March 1.

Video Group promoter Venugopal Dhoot has also been questioned in connection with the case.