ICICI-Videocon case: ED arrests Chanda Kochhar's husband Deepak over money laundering allegations

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ICICI-Videocon case: ED arrests Chanda Kochhar's husband Deepak over money laundering allegations

Last Updated : 07 Sep 2020 10:22:37 PM IST

Deepak Kocchar

In a major action, the Enforcement Directorate (ED) on Monday arrested Deepak Kochhar, husband of ex-ICICI Bank CEO Chanda Kochhar, in connection with Videocon loan case.

A top ED official told IANS, "Deepak Kochhar has been arrested under the Prevention of Money Laundering Act after day long questioning."

The action comes almost a year after the ED filed a money laundering case last year on the basis of a complaint registered by the CBI against Videocon Director Venugopal Dhoot, his companies (Videocon International Electronics Ltd and Videocon Industries Ltd), as well as former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar.