New Delhi, July 22 -- Former ICICI Bank CEO Chanda Kochhar has been found guilty of receiving a bribe of Rs.64 crore in exchange of sanctioning a Rs.300 crore loan to Videocon Group, a report has said.
According to the report by The Times of India, an appellate tribunal in New Delhi in an order dated July 3 observed that Kochhar took the bribe through her husband Deepak Kochhar and a company linked to the Videocon Group in a "quid-pro-quo" arrangement.
"The history given by the appellants (ED) has been narrated and supported by the evidence in the light of the reference of the statements under Section 50 of the PMLA Act which are admissible and can be relied upon," the tribunal said, as per the report.
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