ICICI-Videocon loan case: Chanda Kochhar, husband appear before ED

Former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar appeared before the Enforcement Directorate (ED) on Monday in connection with an alleged bank loan fraud and money laundering case registered against them.

The couple arrived at the Enforcement Directorate's headquarters in Khan Market here shortly before their scheduled appearance time of 11 am, official sources said.

They said the two were required to assist the investigating officer (IO) in taking the probe forward and their statement would be recorded under the Prevention of Money Laundering Act (PMLA).

The Kochhars were supposed to depose before the agency early this month but they had then sought an extension of time and were allowed, they said.

Chanda Kochhar's brother-in-law (Deepak's brother) Rajiv Kochhar has also been grilled by the ED multiple times in the case a few days ago here.

Rajiv Kochhar has been questioned by the CBI in the same case in the past as well.

He is the founder of Singapore-based Avista