ED attaches assets worth Rs 78 crore, shares belonging to Chanda Kochhar
As per book value, total worth of the attached assets is estimated to be above Rs 78 crore, but their market value is expected to be much higher
- Jan 10, 2020,
- Updated Jan 10, 2020 8:38 PM IST
The Enforcement Directorate has provisionally attached assets and shares belonging to Chanda Kochhar on Friday in relation to the ICICI Bank-Videocon loan scam. As per book value, total worth of the attached assets is estimated to be above Rs 78 crore, but their market value is expected to be much higher.
"Enforcement Directorate has provisionally attached movable and immovable assets consisting of flat, land, cash, plant and machinery located in Tamil Nadu and Maharashtra totalling to Rs 78.15 crore in possession of accused Chanda Kochhar, Deepak Kochhar and the companies owned /controlled by Deepak Kochhar, under Prevention of Money Laundering Act, 2002 in ICICI Bank loan case," the central probe agency said in a statement.
Videocon loan case: ED attaches Chanda Kochhar's assets worth Rs 78 crore
The Enforcement Directorate has provisionally attached assets and shares belonging to Chanda Kochhar on Friday in relation to the ICICI Bank-Videocon loan scam. As per book value, total worth of the attached assets is estimated to be above Rs 78 crore, but their market value is expected to be much higher.
"Enforcement Directorate has provisionally attached movable and immovable assets consisting of flat, land, cash, plant and machinery located in Tamil Nadu and Maharashtra totalling to Rs 78.15 crore in possession of accused Chanda Kochhar, Deepak Kochhar and the companies owned /controlled by Deepak Kochhar, under Prevention of Money Laundering Act, 2002 in ICICI Bank loan case," the central probe agency said in a statement.
Videocon loan case: ED attaches Chanda Kochhar's assets worth Rs 78 crore