Deepak Kochhar has been arrested over alleged money laundering, officers talked about
New Delhi:
Businessman Deepak Kochhar and husband of former ICICI Monetary establishment CEO Chanda Kochhar has been arrested by the Enforcement Directorate for alleged money laundering in a deal between the monetary establishment and Videocon Group. He had been questioned since noon at the moment sooner than he was arrested at night time time.
The probe firm had filed a authorized case beneath the Prevention of Money Laundering Act (PMLA) early ultimate yr in direction of Ms Kochhar, her husband and Venugopal Dhoot of Videocon Group to research alleged irregularities and corrupt practices in sanctioning Rs 1,875 crore in loans by ICICI Monetary establishment.
