<h1>Former ICICI Bank CEO and husband face money laundering charges over Rs 300 crore Videocon loan quid pro quo</h1> An appellate tribunal upheld a money laundering case against a former ICICI Bank CEO and her husband involving the Videocon Group. The tribunal found prima facie evidence of quid pro quo arrangements where a Rs 300 crore loan was sanctioned to Videocon International Electronics Ltd, followed by Rs 64 crore being transferred to the husband's company. The former CEO served on the loan sanctioning committee between 2009-2011 while holding executive positions at the bank. The Enforcement Directorate's 2020 provisional attachment of a Mumbai flat worth crores, purchased allegedly from diverted funds, was confirmed by the tribunal. The tribunal rejected arguments that the executive was unaware of her husband's business affairs, stating she was expected to conduct herself according to bank rules and policies. The case involves allegations of criminal conspiracy to cheat the bank through abuse of official position for illegal gratification.