ED arrested Chanda Kochhar’s husband in money laundering case

ED arrested Chanda Kochhar’s husband in money laundering case

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Deepak Kochhar (file photo)

Mumbai: Enforcement Directorate (ED) has arrested Deepak Kochhar, Husband of former CEO of ICICI Bank Chanda KochharOfficials said on Monday in the money laundering case.
He said that Deepak Kochhar was arrested by the agency in Mumbai under sections of Prevention of Money Laundering Act (PMLA).
The couple has been questioned by the Central Investigation Agency in a case of alleged irregularities in lending bank loans to Videocon Group and money laundering.
Earlier this year, the ED also attached assets worth Rs 78 crore “in the possession of Chanda Kochhar, Deepak Kochhar and the companies owned and controlled by them”.

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