CBI Issues Lookout Circular against former ICICI Bank CEO Chanda Kochhar

The Central Bureau of Investigation has issued a lookout circular against former ICICI Bank chief executive Chanda Kochhar. Immigration authorities at all airports and entry-exit points across the country have been alerted by CBO to inform it if Kochhar tries to leave the country.

Last month, the CBI had registered a First Information Report (FIR) against Chanda Kochhar, her husband Deepak Kochhar and Videocon managing director Venugopal Dhoot, over allegations of irregularities in providing loans to Videocon Group when Chanda Kochhar was heading the private sector bank. CBI is currently further examining the evidence in the case. Lookout circular has also been revived against her husband Deepak Kochhar and Videocon managing director Venugopal Dhoot.

Chanda Kochhar, 56, had quit as CEO and managing director of ICICI Bank in October last year over allegations that she favoured Videocon Group.

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