Deepak Kochhar moves Bombay HC for quashing of prosecution complaint

The ED registered the money laundering case following an FIR registered by the Central Bureau of Investigation (CBI) against the Kochhars, Videocon Group promoter Venugopal Dhoot and others. The central investigation agency is investigating the alleged involvement of Kochhar’s and their business entities for ‘illegal sanctioning of a loan of about Rs 1,875 crore to Videocon Group firms.’

from News-Economic Times https://ift.tt/3zWfYRK