Press "Enter" to skip to content

Chanda Kochhar’s husband Deepak Kochhar admitted to Corona positive, AIIMS Delhi

New Delhi, ANI. Deepak Kochhar, husband of former ICICI Bank CEO CEO Chanda Kochhar, has been admitted to AIIMS Delhi after being found infected with corona. Deepak Kochhar was arrested by the ED on Monday under the Prevention of Money Laundering Act (PMLA) in the money laundering case involving ICICI Bank-Videocon. Later, a Mumbai court sent Deepak to Enforcement Directorate (ED) custody till 19 September.

The central agency intends to detain Deepak Kochhar and interrogate him to get more information about some new evidence recently collected in the case. Requesting remand, Additional Solicitor General Anil Singh told the court that Deepak Kochhar was not cooperating in the investigation and needed to be questioned. The ED told the court that the investigation found that on September 7, 2009, ICICI Bank approved a loan of Rs 300 crore to Videocon International Electronics Limited (VIEL).

ED says that when this loan was given to Viel, Deepak Kochhar’s wife Chanda Kochhar was the head of the bank’s approval committee. The Enforcement Directorate told the court that the investigation found that just one day after the loan was approved, ViEL transferred Rs 64 crore from it to Nu Power Renewables Private Limited (NRPL). The case under PMLA was registered in January last year. NRPL was earlier known as Nu Power Renewables Limited (NRL) which is a company of Deepak Kochhar.

At the same time, Deepak Kochhar’s lawyer Vijay Agarwal, while opposing the ED’s demand for remand, said that his clients are cooperating in the investigation and he has been involved in the investigation about 12 times. All documents have been submitted. After hearing the arguments of both the parties and looking at the documents filed by ED for remand, the court said that it is necessary to interrogate Deepak Kochhar in custody. The court said that considering all the arguments, the accused are sent to ED custody.

Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *