Money laundering: ED assures SC of no coercive action against Chanda Kochhar
The Enforcement Directorate on Friday assured the Supreme Court that it would not take any coercive action against former ICICI Bank CEO and MD Chanda Kochhar in a money laundering case.
Following the assurance by Solicitor General Tushar Mehta, a bench of Justices Sanjay Kishan Kaul, Dinesh Maheshwari and Hrishikesh Roy adjourned the hearing on the plea by Chanda Kochhar, challenging the arrest of her husband Deepak Kochhar in the case.
The ED has recently filed a charge sheet against Chanda Kochhar, Deepak Kochhar and Videocon Group promoter Venugopal Dhoot on money laundering charges. Kochhar’s, Dhoot and others have denied the allegations.
