The ED has asked former ICICI Bank CEO Chanda Kochhar to depose before it next week since the agency has decided to expand its probe into the money laundering case involving the bank and Videocon group by questioning some more officials of the private lender.
Officials said Chanda Kochhar has been asked to depose before the agency on June 10 here after she sought an adjournment of the date scheduled for last Thursday.
The Enforcement Directorate (ED) had last month questioned and recorded the statements of Chanda Kochhar and her husband Deepak Kochhar over multiple sessions.
Official sources said that the federal probe agency is now mulling to call some more bank officials to confront them with the statement made by Chanda Kochhar and obtain a clear picture of the deal.
The agency is also preparing to analyse the details of assets of the Kochhars and others so that they can be provisionally attached under the Prevention of Money Laundering Act (PMLA).
Chanda Kochhar's brother-in-law and Deepak's brother, Rajiv Kochhar, has also been grilled by the ED multiple times in the case. Rajiv Kochhar is the founder of Singapore-based Avista Advisory and was also questioned by the CBI about his company's role in the restructuring of the loan.
He was asked by CBI sleuths about the help he had extended to Videocon in relation to the loan from ICICI Bank, which was part of a Rs 400-billion credit given by a consortium of 20 banks to the group of Venugopal Dhoot.
The Kochhar couple has been questioned in the past too at the ED zonal office in Mumbai after the central agency conducted raids on March 1. The searches were conducted at the premises of Chanda Kochhar, her family and Venugopal Dhoot of Videocon Group in Maharashtra's Mumbai and Aurangabad.
The ED has registered a criminal case under the PMLA earlier this year against Chanda Kochhar, Deepak Kochhar, Dhoot and others to probe alleged irregularities and corrupt practices in sanctioning Rs 1,875-crore loans by the ICICI Bank to the corporate group.