Chanda Kochhar's brother-in-law seeks cancellation of look out circular
Rajiv Kochhar moves Delhi court seeking cancellation of circular against him in a PMLA caseThe court is likely to hear the application on Thursday
NEW DELHI : Former ICICI Bank CEO Chanda Kochhar's brother-in-law Rajiv Kochhar, Wednesday moved a Delhi court seeking cancellation of look out circular (LOC) against him in an alleged bank loan fraud and money laundering case.
The court is likely to hear the application on Thursday.
Chanda and her husband Deepak along with Rajiv have been questioned by the Enforcement Directorate, which is probing the case under the Prevention of Money Laundering Act (PMLA).
Rajiv has been questioned by the CBI as well in the same case in the past as well.
He is the founder of Singapore-based Avista Advisory.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!
This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.