Deepak Kochhar sent to Ed’s custody in videocon loan

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Money Laundering and ED are interrogating Chanda Kochhar and Deepak Kochhar in connection with irregularities in lending to the Videocon group about Rs 175 crore from ICICI Bank.

Mumbai: ED arrested Deepak Kochhar, husband of former ICICI Bank CEO Chanda Kochhar, in connection with the money laundering case on Monday. He was then taken to court. There the court decided to keep him in ED custody till 19 September.

The agency arrested Deepak for the illegal money laundering in Mumbai, officials said on Monday. In January last year, the agency arrested Deepak because he wanted to interrogate him in custody, seeking more information about some recent evidence.

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