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ICICI-Videocon case: Chanda Kochhar's husband arrested by ED over money laundering allegations

Sep 07, 2020, 09:23PM ISTSource: Times Now

Now, the ICICI bank loans scam exploded with Chanda Kochhar's husband being arrested. 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 hours. The probe agency 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. The criminal case was filed last year to investigate alleged irregularities and corrupt practices in sanctioning ₹ 1,875 crore in loans by ICICI Bank.

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