Videocon loan case: ED provisionally attaches Chanda Kochhar’s assets worth Rs 78 crore
Shares belonging to Chanda Kochhar, who is being probed in connection with the Videocon loan case, have been provisionally attached by the ED along with her Mumbai apartment
The Enforcement Directorate (ED) on Friday provisionally attached assets belonging to former ICICI Bank managing director and CEO Chanda Kochhar.
Shares of Kochhar, who is being probed in connection with the Videocon loan case, have been provisionally attached by the ED along with her Mumbai apartment. According to sources, the ED provisionally attached Rs 78 crore worth of Kochhar's assets.
It was earlier reported that the ED was planning to provisionally attach some properties belonging to the former ICICI Bank MD and CEO and her husband Deepak Kochhar.
This is one of the biggest steps taken by authorities since the case was filed in January 2019. Kochhar and eight others from the bank were accused of irregularities in sanctioning loans to now-defunct Videocon Group.
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