Inspection of six companies linked to ICICI Bank controversy at 'advanced stage'
Updated : December 27, 2018 12:43 PM IST
There are allegations of involvement of former ICICI Bank chief Chanda Kochhar and her family members in a loan provided to Videocon Group on a quid pro quo basis. It was alleged that Videocon pumped money into NuPower Renewables, a firm owned by Deepak Kochhar, husband of Chanda Kochhar.
On April 23, the ministry ordered inspection of six companies, including NuPower Renewables.