ED arrests Chanda Kochhar's husband in money laundering case

The Enforcement Directorate arrested Deepak Kochhar after an investigation into his dealings with Videocon Industries, said reports

The Enforcement Directorate (ED) on Monday arrested Deepak Kochhar, husband of ICICI Bank former managing director and chief executive officer (CEO) Chanda Kochhar, in connection with ICICI Bank-Videocon money laundering case. This is the first arrest since the case was registered in February 2019.

The action follows hours of grilling based on new evidence the agency had come across with regard to a money trail involving Deepak Kochhar’s business entities, including his flagship company NuPower Renewables.  

“He has been taken into custody for further interrogation since he was not cooperating with the agency,” said an ED official privy to the