Former ICICI Bank CEO, Chanda Kochar’s husband and Businessman, Deepak Kochar has been arrested over money laundry allegations by Enforcement Directorate in a deal between the bank and the Videocon group. The probe agency had filed a criminal case under the Prevention of Money Laundering Act (PMLA) early last year against Ms Kochhar, her husband and Venugopal Dhoot of Videocon Group to investigate alleged irregularities and corrupt practices in sanctioning ₹ 1,875 crore in loans by ICICI Bank. Enforcement Direcorate officials said, Deepak Kochar is not cooperating after which he had placed under arrest.
