ICICI Bank: Luthra & Luthra, Control Risks to assist Justice Srikrishna

According to an insider, the investigation will take at least four to six months to complete as many transactions took place in tax havens abroad

Law firm Luthra & Luthra and global risk assessment specialist Control Risks are set to assist former Supreme Court judge B N Srikrishna in his probe into the allegations against ICICI Bank MD and CEO Chanda Kochhar.
 
While Luthra & Luthra will focus on conducting a forensic audit of the transactions between ICICI Bank, Videocon Industries and other clients of the bank, Control Risks’ mandate is to help Srikrishna on regulatory violations overseas, if any.
 
Based in the US, Control Risks has a team of global specialists, which includes crisis management and security consultants, investigators, forensic accountants, cyber