The board of ICICI Bank has decided to form a panel headed by an independent person to look into the allegations made by a whistleblower against its MD & CEO Chanda Kochhar for violating the code of conduct of the bank. “The scope of enquiry would be comprehensive and include all relevant matters arising out of and in the course of examination of the facts and wherever warranted, use of forensic/email reviews and recordal of statements of relevant personnel etc. The enquiry would also cover all connected matters in the course of the investigation to bring the matter to a final close,” the bank said in an exchange filing.
The board of ICICI Bank has decided to form a panel headed by an independent person to look into the allegations made by a whistleblower against its MD & CEO Chanda Kochhar for violating the code of conduct of the bank. “The scope of enquiry would be comprehensive and include all relevant matters arising out of and in the course of examination of the facts and wherever warranted, use of forensic/email reviews and recordal of statements of relevant personnel etc. The enquiry would also cover all connected matters in the course of the investigation to bring the matter to a final close,” the bank said in an exchange filing.
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