New Delhi: Enforcement Directorate (ED) has provisionally attached movable and immovable assets consisting of flat, land, seized cash, plant and machinery, located in Tamil Nadu and Maharashtra, totalling Rs 78.15 crores in possession of former ICICI Bank CEO Chanda Kochhar, her husband Deepak Kochhar and the companies owned or controlled by him. The assets were attached under the under the Prevention of Money Laundering Act (PMLA) in ICICI Bank loan case, an official release said on Friday.

ED initiated an investigation after registering a case under PMLA on the basis of FIR for illegal sanctioning loans amounting to Rs 1875 crore to Videocon Group of companies, the release said. "Investigations under PMLA revealed that loans were refinanced and new loan aggregating to Rs 1,730 crore was sanctioned to Videocon Industries Limited (VIL) and its group companies and these loans became Non Performing Assets (NPA) for ICICI Bank on June 30, 2017," the release said.