The homes and offices of former ICICI Bank chief executive Chanda Kochhar and the managing director of Videocon Venugopal Dhoot were searched on Friday by the Enforcement Directorate regarding a loan case.
The Central Bureau of Investigation (CBI) had earlier issued a look-out circular against Ms Kochhar.
Look-out circulars are notices that are sent to transit points, for example, airports to restrict the movement of people under investigation by probe agencies.
The Central Bureau of Investigation (CBI) sources had earlier said a news agency that it would initiate the summons as it had completed the scrutiny of documents it had seized during the January 24 raids carried out at four locations in Maharashtra. “Soon we will start issuing summons to all concerned persons in the case,” said the source. He indicated that the agency will first call Deepak Kochhar and Dhoot for questioning as they were the beneficiaries of the loans disbursed by ICICI.
The CBI had earlier issued LOC against Deepak Kochhar and Dhoot after it registered a preliminary enquiry in March last year to keep a tab on their travel plans at the immigration desks at the international airports. The Enforcement Directorate (ED), which had registered a case of money laundering earlier this month on the basis of the CBI FIR, has been planning to summon those named in the FIR.