Former ICICI Bank CEO and MD Chanda Kochhar was granted bail by a particular PMLA court docket on Friday in reference to the ICICI Bank-Videocon cash laundering case.
The particular court docket for Prevention of Money Laundering Act (PMLA) had on January 30 summoned Chanda Kochhar, her husband Deepak Kochhar, Videocon Group promoter Venugopal Dhoot and different accused within the case after taking cognisance of the Enforcement Directorate’s (ED) cost sheet.
Accordingly, Chanda Kochhar appeared earlier than particular court docket choose A A Nandgoankar.
Following her look, her lawyer Vijay Agarwal filed her bail software. The court docket allowed the identical on a bond of Rs 5 lakh.
The ED had arrested her husband Deepak Kochhar in September 2020 after it filed a felony case for cash laundering based mostly on an FIR registered by the CBI in opposition to the Kochhars, Dhoot and others.
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