Home >News >India >ED attaches 78-crore worth assets of Chanda Kochhar and others
Former ICICI Bank chairman Chanda Kochhar and her husband Deepak Kochhar  (File photo: PTI)
Former ICICI Bank chairman Chanda Kochhar and her husband Deepak Kochhar (File photo: PTI)

ED attaches 78-crore worth assets of Chanda Kochhar and others

  • The assets include the former ICICI Bank chairman's flat in Mumbai and some other properties belonging to a company linked to her
  • ED had registered a criminal case in February last year against Videocon chairman Venugopal Dhoot, Chanda Kochhar, her husband Deepak Kochhar and others

New Delhi: Assets worth 78 crore have been attached by the ED in connection with a money laundering probe against former ICICI Bank Chairman Chanda Kochhar and others, officials said on Friday.

A provisional order under the Prevention of Money Laundering Act (PMLA) has been issued for attachment of the properties that includes Kochhar's Mumbai-based house and some other assets belonging to a company linked to her, they said.

The book value of the attached assets is 78 crore, they said.

The Enforcement Directorate (ED) is probing Kochhar, her husband Deepak Kochhar and others in a case of alleged irregularities and money laundering in giving loans by the bank to the Videocon group.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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