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ICICI-Videocon case: Deepak Kochhar Arrested by ED in Money Laundering Allegations

In a major development to the money laundering allegations in ICICI-Videocon case, the Enforcement Directorate (ED) on Monday arrested Deepak Kochar, husband of former ICICI Bank MD & CEO Chanda Kochar.

New Delhi: In a major development to the money laundering allegations in ICICI-Videocon case, the Enforcement Directorate (ED) on Monday arrested Deepak Kochar, husband of former ICICI Bank MD & CEO Chanda Kochar.

As per latest updates, Deepak was being questioned by the ED whole day before he was arrested in the night.He has been arrested under the provisions of the Prevention of Money Laundering Act (PMLA).

The ICICI-Videocon case pertains to an alleged misappropriation cited in loans given by the ICICI Bank to Videocon.

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