new Delhi. Deepak Kochhar, the husband of former ICICI Bank CEO Chanda Kochhar, has been arrested by the Enforcement Directorate (ED) in an alleged money laundering case. Significantly, the investigating agency had registered a criminal case early last year against Chanda Kochhar, her husband Deepak and Venugopal Dhoot of Videocon Group under the Prevention of Money Laundering Act.
Enforcement Directorate (ED) arrests Deepak Kochar, husband of former ICICI Bank MD & CEO Chanda Kochar in connection with ICICI Bank-Videocon case: Enforcement Directorate (ED) officers pic.twitter.com/b86l6Gs2Eh
– ANI (@ANI) September 7, 2020
Deepak Kochhar was being investigated by ICICI Bank’s lending company Videocon Industries for investment in Deepak Kochhar’s company. ED officer Deepak Kochhar was also questioned on the matter. It is now reported that Deepak has been arrested by the ED.