The husband of a former ICICI Bank chief executive was arrested on charges of money laundering on Monday, a government official said - the latest development in a case that has ended the career of one of India's most celebrated bankers.
FILE PHOTO: Former ICICI Bank CEO Chanda Kochhar arrives at the Enforcement Directorate , a government agency that fights financial crime, in Mumbai, India, March 2, 2019. REUTERS/Francis Mascarenhas
Deepak Kochhar was arrested by the Enforcement Directorate, one of two crime fighting agencies investigating the couple, the government official said on condition of anonymity, adding that Kochhars have denied all charges against them. The accusations led to Chanda Kochhar, who had been one of India’s few senior women bankers, resigning her position at ICICI almost two years ago.
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