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Business Headlines: Fresh whistleblower letter accuses Chanda Kochhar and family again

A fresh whistle blower letter with familiar allegations received by Indian and Singapore investigators alleges tax evasion, illegal routing of transactions, violations of foreign exchange regulations, accepting bribes and more. These allegations are levied against Deepak Kochhar, husband of former ICICI Bank MD & CEO Chanda Kochhar and his brother Rajiv Kochhar. A Singapore based whistle blower, in a letter to investigative agencies, including the Enforcement Directorate and CBI claims that Deepak Kochhar and his brother Rajiv were running multiple companies in Singapore, Cayman Islands and India where they would accept kickbacks from various corporate groups. We walk you through the schemes which were alleged by the whistle blowers. By now it is common news that a massive fire at the Notre Dame Cathedral in Paris devastated large parts of the iconic 850 year old church on the evening of 15th April 2019. The blaze ravaged the Cathedral’s roof and caused its spire to collapse. However, what is heartening to see is that people from all walks of life which include billionaire businessmen and women, politicians, governments and even individuals coming together in an effort to help rebuild the structure by offering donations and helping raise money. Billionaires and local governments pledged nearly 565 million $ (roughly 3,900 crore ₹) on Tuesday to help restore the Cathedral to its former glory. #ChandaKochhar #DeepakKochhar #RajivKochhar #ICICIBank #Avista #NotreDame #Paris

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