New Delhi: Former ICICI Bank CEO Chanda Kochher’s husband Deepak Kochher was arrested by the enforcement directorate officials on Monday. It is a major development which is seen as a prelude to possible drastic action also against the once celebrated boss of ICICI bank and Venu Gopal Dhoot, Chairman of Videocon groupe

The ED action against the Kochher’s comes ahead of the filing of a chargesheet in the case, with sources in the anti-money laundering agency claiming that they decided to take Deepak Kochher a business man whose company received funds from Dhoot inlieu of ICICI Bank sanctioning loans to Videocon group, into custody because of his refusal to co-operate. According to the sources, the Kochher’s and Dhoot have been dodging specific questions about the “Quid Proquo” established by the Money Trail.

We have traced all the bribe money paid to the Kochher’s by Dhoot through banking transactions in companies and trust owned and control by them, said a senior official involved in the probe.