ICICI-Videocon deal probe: Chanda Kochhar's brother-in-law Rajiv questioned by CBI third day in a row

April 7:A Delhi team of the Central Bureau of Investigation (CBI) is examining Rajiv Kochhar, brother-in-law of Chanda Kochhar, for the third consecutive day in connection with a Preliminary Enquiry (PE) registered by the central investigative agency. The CBI is probing a Rs3,250 crore bank loan granted by ICICI to Videocon Group in 2012.
Kochhar arrived at the agency's Mumbai headquarter at the Bandra Kurla Complex (BKC) at 11.30 am on Saturday. Sources said the third day of questioning will concentrate on his company Avista Advisory and the loan granted by ICICI to Videocon. The agency is also likely to confront Kochhar with documents, sources in the agency claimed.
Since the PE is registered in Delhi, a team from Delhi headed by a Superintendent of Police rank officer is quizzing Kochhar. On Saturday he was examined for around nine hours before being allowed to go at 7.30 pm. The questioning is in connection with his company and the loan granted by ICICI to Videocon. He will also be confronted with documents," said an official who spoke on the condition of anonymity.
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.
"He distance himself from the Videocon case claiming he had no knowledge of the same . He asserted that his company is into legitimate business and his travel to Singapore was work related as his company's office is located there," added the official. Agencies
Source: Agencies



No comments yet! Be the first one to leave a comment.

Add Comment


More India News

Break silos, make government seamless for people: President Kovind to ..

PM Narendra Modi wishes former Tamil Nadu CM Karunanidhi speedy recove ..

- Ahmedabad 2008 serial blasts accused gets bail
- Aircel-Maxis case: Delhi court grants anticipatory bail to P Chidambaram
- Three killed, many feared trapped as two buildings collapse in Greater Noida
- Govt hikes sugarcane price by Rs 20 per quintal to Rs 275
- Dairy farmers disrupt milk supply in Maharashtra, demand direct subsidy
- Arun Jaitley: India needs a decisive leader like Modi, not a tragedy king like K
- Congress-JD(S) 'differences' would be resolved: Deputy CM G Parameshwara
- India slaps higher import duties on steel, agri products in retaliation to US ta
- Shiv Sena says '2014 political accident' will not happen in 2019
- Sunanda Pushkar case: Delhi court summons Shashi Tharoor on July 7
- No bids for Air India so far, govt will not extend May 31 deadline
- Nipah virus claims one more life in Kerala, death toll rises to 12
- India successfully test-fires BrahMos supersonic cruise
- Ajit Doval hasn't changed policy, just more hardline, says ISI ex-chief General
- Fuel prices hit the roof in India
- Three coaches of Andhra Pradesh Express catch fire in Gwalior
- Once again, Supreme Court Collegium stalls on Justice KM Joseph's name
- Once again, Supreme Court Collegium stalls on Justice KM Joseph's name
- Food processing industry in state facing several challenges, says Punjab Agricul
- PM Modi rode to power on promise of reducing fuel prices, why is he unable to cu

Related News

CBI registers preliminary enquiry into nexus between Videocon chief and Deepak Kochhar
Mar 31:The Central Bureau of Investigation (CBI) has registered a preliminary enquiry (PE) into the alleged nexus between ICICI Ba .. read more
After Sreejith's sit-in, CBI to probe Kerala custodial death case
Jan 19:The Central Bureau of Investigation (CBI) will probe the death case of 27-year-old Kerala man who died of alleged torture i .. read more
Why CM is afraid of ordering CBI probe into Alair encounter? Asks Kodandaram
Vishwas NewsHyderabad, April 19: Telangana Joint Action Committee chairman Prof M Kodandaram on Saturday demanded probe by Centra .. read more
CBI summons Harish Rawat again in sting CD case
New Delhi, Dec 23: CBI has asked Uttarakhand Chief Minister Harish Rawat to appear before it on December 26 in connection with a p .. read more
Hurriyat funding probe: NIA conducts raids at 12 locations in Srinagar
Aug 16:Stepping up its probe into the alleged funding of Hurriyat Conference in the Valley, the National Investigation Agency on W .. read more

More Related News

- AP Govt to take Centre's nod to probe into phone tapping case
- Technology can empower women: Ivanka
- AgustaWestland case: CBI arrests former Air Chief SP Tyagi, 2 others
- Alair encounter: Why CM KCR is afraid of ordering CBI probe?
- Nayeem Case: KCR says no to CBI probe
- Muslim leaders reject KCR's offer for SIT probe into Alair encounter
- Ease of doing business rankings bogus: Ponguleti
- Delhi L-G Jung appoints top cop as head of anti-corruption branch, AAP fumes
- BJP demands high-level probe against TRS MLA for land grabbing
- MLA Krishnaiah questioned in Nayeem case

More Latest News:

- Musi clean-up gains pace
- TS issues guidelines for implementing Economic Support Schemes
- Telangana will protect sericulture farmers, says Etela Rajender
- Global meet on blockchain in Hyderabad
- 200 check dams coming up in Telangana
- Fighting rain, flood for Medigadda dream
- Break silos, make government seamless for people: President Kovind to newly recruited IAS officers
- PM Narendra Modi wishes former Tamil Nadu CM Karunanidhi speedy recovery
- Ahmedabad 2008 serial blasts accused gets bail
- Congress leader Jairam writes to NMML director over confusion for museum approval
- PNB scam: Fugitive jeweller Mehul Choksi says he took Antigua citizenship last year to expand business
- Eye test can now detect early signs of dementia, says study
- India vs Essex Practice Match: India's frontmen dazzle, sidekicks falter
- Hopeful to be part of England squad in World Cup 2022, says Phil Foden
- Twenty young boys and girls to represent India at Junior NBA World Championship
- Mission: Impossible Fallout box office prediction: The Tom Cruise film will earn Rs 10 crore on Day 1
- Saheb Biwi Aur Gangster 3 movie review: The weakest link is Sanjay Dutt's gangster
- Saudi Arabia joins global pledge to protect disabled rights
- Iran's Revolutionary Guards' chief warns Trump: 'If you begin the war, we will end it'
- Houthis accused of threatening world's electricity supplies
- Youth, woman held for murder
- Rahul Gandhi congratulates ragpicker's son for cracking AIIMS entrance test
- Cows are safer than women in the country, says Shiv Sena chief Uddhav Thackeray
- Bihar clears new liquor bill, CM Nitish says prohibition for betterment of poor
- 'Do not stop writing': Kerala CM Pinarayi Vijayan backs writer Hareesh over novel controversy
This page was created in 0.0244109630585 seconds