Chanda Kochhar |

In a detailed order, a special Prevention of Money Laundering Act (PMLA) court has held that it appeared former ICICI Bank CEO Chanda Kochhar had misused her official position in granting loans to V N Dhoot of Videocon group companies and got illegal gains through her husband Deepak Kochhar.

The ED on Friday attached properties worth over Rs 78 crore of former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar, accusing the banker of money laundering in a case pertaining to “illegal sanctioning of loans” of Rs 1,875 crore to Videocon Group of companies. Investigations also revealed that Chanda Kochhar and her … Continue reading ED attaches properties worth Rs 78 cr of Kochhar