Mumbai: There is big news about Chanda Kochhar, former MD, and CEO of ICICI Bank. Recently her husband Deepak Kochhar has been sent to ED custody till 17 October. According to the information, the ED arrested Deepak in September in the ICICI Bank-Videocon case under sections of Prevention of Money Laundering Act (PMLA). Now Deepak has been remanded in the custody of Enforcement Directorate (ED) till Tuesday 17 October in a money laundering case by a special court in Mumbai.

Deepak was arrested earlier and later was sent on ED remand till 19 September. Meanwhile, news of his being infected with Coronavirus came and after that, the idea of sending him was canceled. He was then sent to judicial custody. He was then admitted to the hospital for treatment. Now a website says that as soon as the investigation agency has brought them back before the special PMLA court. The ED had initiated an inquiry into the matter after the CBI filed an FIR against Chanda Kochhar, Deepak Kochhar, and Videocon Group promoter Venugopal Dhoot and others.

It is alleged in this case that Rs 64 crore was invested in 2010 by Deepak Kochhar's firm NewPower Renewables by Videocon Group and 325 crores by Matrix Fertilizer. This investment was made after getting a loan from ICICI Bank. Now Chanda Kochhar may also find it more difficult in the coming times as the investigating agency is also investigating the granting of loans to companies other than Videocon and Matrix. It is being told that the investigating agency can investigate all the loans that Chanda Kochhar gave to the companies while being head of ICICI Bank.

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