ED attaches Rs 78cr worth assets of Kochhar

The Enforcement Directorate on Friday attached assets worth Rs 78 crore of former ICICI Bank managing director and chief executive officer (CEO) Chanda Kochhar and others, in connection with an alleged bank loan fraud and money laundering case. A provisional order under the PMLA has been issued for attachment of the properties including her Mumbai-based house.

from Times of India https://ift.tt/2t8aRk7