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ED arrests Chanda Kochhar’s husband in cash laundering case

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MUMBAI: The Enforcement Directorate (ED) has arrested Deepak Kochhar, husband of former ICICI Financial institution CEO Chanda Kochhar, in reference to a cash laundering case, officers mentioned on Monday.
They mentioned Deepak Kochhar was arrested by the company in Mumbai below sections of the Prevention of Cash Laundering Act (PMLA).
The couple has been questioned by the central probe company in a case of alleged irregularities and cash laundering in giving financial institution loans to the Videocon group.
The ED, early this yr, additionally hooked up belongings price Rs 78 crore “in possession of” Chanda Kochhar, Deepak Kochhar and the businesses owned and managed by him.

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