The Enforcement Directorate (ED) Office on Friday probed the former chairman of the ICICI Bank, Chanda Kochhar, and others with allegations that the properties owned by her have a connection with money laundering. Properties including a house in Mumbai and several other assets of a company linked to Chanda, a total worth of Rs 78 crore, have been attached with money laundering as stated in the Prevention of Money Laundering Act (PMLA). The ongoing probe by the ED concerns Chanda and her husband Deepak Kochhar and others with allegations for involving in money laundering in giving loans to the Videocon Group by the bank.
