Deepak Kochhar (born 1958-1960) is an Indian citizen, businessman, entrepreneur and investor from Mumbai, Maharashtra, India. He is known in the country as the spouse of Chanda Kochhar.

Let me tell you, Chanda is a former Chief Executive Officer (CEO) and Managing Director (MD) of ICICI Bank. According to the sources, he left his position on October 4, 2018, after some allegations of corruption.

On the other hand, if we talk about her husband, Deepak Kochhar is also a successful businessman and entrepreneur. He runs his own company called “Nupower Renewables Private Limited”. Deepak was arrested by ED on September 7 for his money laundering case.

ED Arrested Deepak Kochhar in ICICI Money Fraud Case

On September 7, 2020, the Enforcement Directorate (ED) captured the better half of Chanda Kochhar in the crime of the ICICI Bank loan case. According to the senior ED official, “Deepak has been arrested for the crime of money fraud under the Money Laundering Act by the financial investigation agency.

The activity comes nearly 12 months after the ED documented a tax evasion case a year ago based on a complaint filed by the CBI against a Videocon director named “Venugopal Dhoot,” his organizations (Videocon Industries Ltd and Videocon International Electronics Ltd), as did former ICICI Bank CEO Chanda Kochhar and his partner Deepak.

Prior to this year, the ED temporarily attached Rs 78.15 crore worth of portable and intrepid resources owned by the former Managing Director and CEO of ICICI Bank, his spouse and the organizations claimed/restricted by him.

During the examination, it was found that the advances were renegotiated and new credits totaling Rs 1,730 crores were given to Videocon Industries Ltd (VIL) and its collection organizations and these advances became non-performing resources (NPAs) for ICICI Bank. on June 30, 2017.

The examination further found that a sum of Rs 64 crore, of the Rs 300 crore advance backed by a panel headed by Chanda Kochhar to Videocon International Electronics Ltd, was transferred to Nupower Renewables Pvt Ltd (Deepak Kochhar’s organization) by VIL in September. 8, 2009, just one day after the payment of the advance by ICICI Bank.

Some interesting facts about Deepak Kochhar

• Deepak Kochhar’s full name is “Deepak Virendra Kochhar”.
• His true date of birth is unknown, according to one estimate he is between the ages of 60 and 62 (as of 2020).
• According to media sources, her father “Virendra Kochhar” was an officer in the Indian Army and her mother is a housewife.
• His brother, “Rajiv Kochhar”, is also a finance manager and businessman like him.
• He is a well-educated person and has a graduate degree.
• Deepak completed his MBA in Finance from the Jamnalal Bajaj Institute of Management Studies.
• After that, he moved to the United States for higher studies.
• He earned his degree from the Advanced Management Program (AMP) at Harvard Business School.
• After that, he returned to India and started his own business.
• Mr. Kochhar has more than 20 years of executive and business involvement in financial administrations, as well as in the area of ​​sustainable energy sourcing.
• He is now the CEO and Director of the organization named “Nupower Renewables Private Limited”.
• Let me tell you, Deepak himself established the company on December 24, 2008.
• Until now, NuPower has manufactured 2.05 megawatt wind turbines of German innovation from wind to energy GmbH.
• He has also built his own companies using these advances.
• Deepak reportedly got an estate of INR 40-50 Crore (approx).
• You also earn some extra income from your investments.
• Deepak Kochhar married Mrs. Chanda Kochhar.
• According to the sources, Chanda was his classmate at the Jamnalal Bajaj Institute of Management Studies.
• At first, they were just classmates at school, but when the two graduated, it was Deepak who proposed to her, and she said yes.
• The couple have two children with a son “Arjun” and a girl “Aarti”.
• According to the sources, Arjun is an expert squash player and Aarti is an engineer.
• As well as being a passionate ally to his better half, whom he urged to achieve great things in his expert field.
• Let me tell you that Kochhar is also a professional Squash player.
• He also won 3 national squash championships.
• Being a successful businessman, he has great ties to other business families and celebrities.
• His daughter married “Aditya” who is the son of famous businessmen “Sameer Kaji” and “Radhika Kaji”.
• According to media reports, many famous personalities like Kumar Mangalam Birla, Mukesh Ambani, Nitin Gadkari, Amitabh Bachchan, Shah Rukh Khan and others were invited to his daughter’s wedding.
• Deepak Kochhar keeps his physical stats in shape, even at the age of 60.
• His height is measured at 5 feet 8 inches (in meters 1.72 m).