ED attaches Rs 78-cr worth assets of ex-ICICI Chairman Chanda Kochhar, others
Team Udayavani, Jan 10, 2020, 5:11 PM IST
New Delhi: Assets worth Rs 78 crore have been attached by the ED in connection with a money-laundering probe against former ICICI Bank Chairman Chanda Kochhar and others, officials said on Friday.
A provisional order under the Prevention of Money Laundering Act (PMLA) has been issued for attachment of the properties that includes Kochhar’s Mumbai-based house and some other assets belonging to a company linked to her, they said.
The book value of the attached assets is Rs 78 crore, they said.
The Enforcement Directorate (ED) is probing Kochhar, her husband Deepak Kochhar and others in a case of alleged irregularities and money laundering in giving loans by the bank to the Videocon group.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Nifty, Sensex rally for 6th day running on firm Asian peers; Tech Mahindra jumps over 12%
IndiGo, Air India plan to purchase up to 170 wide-body planes in little over a year
Kotak Mahindra Bank shares tank 13%; mcap erodes by Rs 37,721 crore post RBI action
Four-day market rally makes investors richer by Rs 8.48 lakh crore
Kotak Bank barred from onboarding customers online, issuing fresh credit cards
MUST WATCH
Latest Additions
Delhi records low of 21.6 deg C, max temperature likely to touch 40 deg C
Bihar: Polling Begins for Five Lok Sabha Seats; Moderate Voter Turnout
Nifty, Sensex rally for 6th day running on firm Asian peers; Tech Mahindra jumps over 12%
Cong will win majority of 14 seats facing elections in Karnataka, says Minister Parameshwara
Early Voting in Karnataka: 9.21% Turnout in 14 Constituencies