Deepak Kochhar tests positive for Covid-19, admitted to AIIMS Delhi

Kochhar was arrested last week by Enforcement Directorate (ED) in connection with ICICI Bank-Videocon money laundering case

Chanda Kochhar, Deepak Kochhar,
Deepak Kochhar and his wife Chanda Kochhar, former CEO of ICICI Bank, are seen in this file photo.
BS Web Team New Delhi
2 min read Last Updated : Sep 15 2020 | 12:38 AM IST
Deepak Kochhar, the husband of former ICICI Bank MD & CEO Chanda Kochhar, has tested positive for Covid-19. According to media reports, he is asymptomatic and has been admitted to AIIMS Delhi.

Kochhar was arrested last week by Enforcement Directorate (ED) in connection with ICICI Bank-Videocon money laundering case. After his arrest a special PMLA court remanded him to ED custody for 11 days. However, he was allowed to meet his lawyer at ED's Delhi office.

His advocate Vijay Aggarwal had met him on September 10 for legal guidance at ED's Khan Market headquarters.

Following his arrest in Mumbai, Kochhar was brought to Delhi for further investigation.

Additional Solicitor General Anil Singh and advocate Naveen Kumar Matta, representing the ED, had submitted that throughout the course of the investigation, Deepak had remained evasive and non-cooperative.

"For the same reason, investigation on certain crucial aspects of the case is still ongoing. Deepak Kochhar has deliberately not provided crucial documents/ leads and taken stands contradictory to the records, on one pretext or another, deliberately misled the ED," the lawyers had submitted before the court.

Earlier this year, the probe agency had provisionally attached the assets of the Kochhars, including their south Mumbai apartment over allegations that he had received Rs 64 crore for his company NuPower from the Videocon International Electronics Ltd (VIEL). The authority is yet to confirm the attachment as Kochhars’ reply on the assets is awaited.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :CoronavirusDeepak KochharChanda Kochhar

Next Story