Chanda Kochhar assets attached by ED

ICICI Bank’s former MD and CEO Chanda Kochhar is facing a trial in the Videocon debt case. Chanda Kochhar has already attended several times before ED. To this extend, ED has attached the assets of Kochhar and her family members.

Total assets worth Rs 78 crore have been attached. It also owns the property of a flat in Mumbai under the name of Chanda Kochhar and her husband.

Kochhar was accused of playing a role in grant of out-of-turn loans to the tune of Rs 3,250 crore to Videocon Group. She is being probed by CBI and ED for alleged corruption and money laundering and has been named as accused along with her husband Deepak Kochhar in the FIR filed by CBI.

Loading...
Tagged: , , , ,