Ex-ICICI Bank CEO’s Husband Arrested Over Money Laundering Allegations

0
47

Chanda Kochhar’s husband Deepak Kochhar had been questioned since noon today before he was arrested at night

New Delhi: 

Businessman Deepak Kochhar and husband of former ICICI Bank CEO Chanda Kochhar has been arrested by the Enforcement Directorate for alleged money laundering in a deal between the bank and Videocon Group. He had been questioned since noon today before he was arrested at night.

The probe agency had filed a criminal case under the Prevention of Money Laundering Act (PMLA) early last year against Ms Kochhar, her husband and Venugopal Dhoot of Videocon Group to investigate alleged irregularities and corrupt practices in sanctioning ₹ 1,875 crore in loans by ICICI Bank.

LEAVE A REPLY

Please enter your comment!
Please enter your name here