Chanda Kochhar's brother-in-law moves court seeking cancellation of look out circular

Updated: few hours ago

New Delhi, May 15 (PTI) Former ICICI Bank CEO Chanda Kochhar's brother-in-law Rajiv Kochhar moved a Delhi court Wednesday seeking cancellation of look out circular (LOC) against him in an alleged bank loan fraud and money laundering case registered against them.

The court is likely to hear the application on Thursday.

Chanda, her husband Deepak and 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.