The CBI has issued a lookout circular against ex- ICICI CEO Chanda Kochhar, reported The Times of India, quoting higher officials.
The report states, the CBI has cautioned all immigration authorities, the security persons working at the airport and at the entry-exit points to alert it if Kochhar tries to leave the country.
The officials, however, declined to disclose if the LoC was restricted to "alert only" or has "detain" provision, the report stated.
The sources maintained, LoC issued against Chanda Kochhar, her husband Deepak Kochhar and Videocon MD Venugopal Dhoot have also been updated, the report said.
The report stated, Chanda Kochhar was allegedly involved in taking a bribe from Dhoot with the help of Deepak for favouring the private group. Deepak Kochhar’s company NuPower Renewables received Rs 64 crore from Dhoot, just a day after the ICICI Bank provided a loan of Rs 300 crore from the account of Videocon International Electronics (VIEL) on September 7, 2009.
On the last month, after taking into account of the complaint filed by CBI on the matter, the agency had filed an Enforcement Case Information Report under the Prevention of Money Laundering Act.
The central investigation agency will investigate if kickbacks produced within the loan deal were laundered to form corrupted assets. If the report finds the accused guilty, the accused will be called for questioning.
(With agency inputs)
