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Chanda Kochhar’s husband Deepak tests positive for Covid-19, admitted to Delhi hospital

Former ICICI Bank MD-CEO Chanda Kochhar’s husband Deepak Kochhar, who has been recently arrested in connection with money laundering case, has tested positive for Covid-19 on Monday.

Updated on: Sep 14, 2020, 16:42:14 IST
Hindustan Times, New Delhi | By
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Former ICICI Bank MD-CEO Chanda Kochhar’s husband Deepak Kochhar, who has been recently arrested in connection with money laundering case, has tested positive for Covid-19 on Monday.

Deepak Kochhar (File photo)
Deepak Kochhar (File photo)

Deepak Kochhar has been admitted to AIIMS hospital in Delhi.

Chanda Kochhar has been informed that her husband tested positive for Covid, officials familiar with the development said. The team interrogating him since Tuesday has been sent to quarantine.

The Enforcement Directorate (ED) arrested Deepak Kochhar on September 7 in connection with its money laundering investigation against him and his wife Chanda Kochhar and companies run by them.

A Mumbai court had remanded Deepak in the custody of the ED till September 19 in the case.

While pressing for Deepak’s remand, the ED told the court that the ongoing probe has revealed that on September 7, 2009, the ICICI bank sanctioned a loan worth Rs 300 crore to Videocon International Electronics Ltd (VIEL).

The investigation further revealed that just a day after the loan was sanctioned, Rs 64 crore out of it was transferred from VIEL to Nupower Renewables Pvt Ltd (NRPL),the ED told court.

Deepak Kochhar’s wife, Chanda is being investigated by the Central Bureau of Investigation (CBI) and ED for alleged corruption and money laundering charges.

Chanda is being probed for alleged irregularities in the granting of loans to the Videocon Group.

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