An appellate tribunal has found Chanda Kochhar, former CEO and managing director of ICICI Bank, guilty of accepting Rs 64 crore bribes that were routed through her husband Deepak Kochhar from the Videocon Group, upholding the Enforcement Directorate (ED)’s seizure of her assets.
The bribe was part of a quid pro quo arrangement linked to the sanction of a Rs 300 crore loan to the Videocon group during her tenure, said the tribunal.
#ChandaKochhar #VideoconLoanCase #ICICIBank
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