Whistle-blower in ICICI Bank case writes another letter to PM Modi

He asked for an independent investigation by the government/regulator in the matter.

Even as ICICI Bank set up an enquiry to investigate an anonymous whistle-blower’s complaint, activist shareholder Arvind Gupta has written another letter to Prime Minister Narendra Modi, with new allegations against the lender, Chanda and Deepak Kochhar, the Ruias-owned Essar group and Ruias’ relatives. 

Gupta, a Delhi-based trustee of the Indian Investors Protection Council, first made an appeal in 2016. He had petitioned for an investigation into what he deemed "an illicit banking and commercial relationship between the Videocon Group of Venugopal Dhoot and ICICI Bank's MD and CEO Chanda Kochhar's family-owned NuPower Renewable Group, steered by her husband, Deepak Kochhar". 

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