ED Attached Property Worth Rs. 78 Crore to Former CEO of ICICI Bank Chanda Kochhar

ED has attached Chanda Kochhar's Mumbai apartment and shares. Investigation is going on in the CBI and ED in the case of loan scam against Chanda Kochhar.
ED Attached Property Worth Rs. 78 Crore to Former CEO of ICICI Bank Chanda Kochhar

New Delhi: ED has attached a total of Rs 78 crore of movable-immovable property in the ongoing investigation into the money laundering case against Chanda Kochhar, former managing director of ICICI Bank. The ED has seized assets worth about Rs 78 crore, including former managing director of ICICI Bank, Chanda Kochhar and her husband. The officials have given this information.

ED has attached Chanda Kochhar's Mumbai apartment and shares. Investigation is going on in the CBI and ED in the case of loan scam against Chanda Kochhar.

He said that the temporary orders to attach properties under the Anti-Money Laundering Act were issued, including Kochhar's Mumbai residence and the assets of a company attached to them. The combined value of the attached properties is Rs 78 crore. The ED is investigating against alleged irregularities in the loans given by Videocon Group to ICICI Bank and Chanda Kochhar, her husband Deepak Kochhar and others in the money laundering case.

Also Read :

Related Stories

No stories found.
logo
Since independence
www.sinceindependence.com