Money Laundering case: ED arrests Chanda Kochhar’s husband Deepak Kochhar

The Enforcement Directorate (ED) on Monday arrested Deepak Kochhar, husband of former ICICI Bank MD and CEO Chanda Kochhar in connection with ICICI-Videocon money laundering case.

Deepak was arrested by the ED under sections of the Prevention of Money Laundering act. He was earlier questioned in the case of alleged irregularities, money laundering and illegal sanctioning of bank loans amounting to Rs 1,875 crore to the Videocon group.

The ED, in January this year, attached movable and immovable assets worth Rs 78 crore of Chanda Kochhar, Deepak Kochhar and the companies owned and controlled by them.