ED arrests Deepak Kochhar in money laundering case

Our Bureau Updated - December 06, 2021 at 09:24 PM.

Deepak Kochhar

The Enforcement Directorate has arrested Deepak Kochhar, husband of Chanda Kochhar, former ICICI Bank MD & CEO, in the ICICI Bank-Videocon loan case. The arrest was made in Delhi after the ED questioned him for a few hours.

The ED had filed a criminal case under the Prevention of Money Laundering Act (PMLA) early last year against Chanda Kochhar, her husband, and Venugopal Dhoot of Videocon Group alleging irregularities in sanction of loans of ₹1,875 crore by ICICI Bank.

 

Published on September 7, 2020 15:40