Enforcement Directorate files chargesheet against Koda

March 4th, 2011 - 6:45 pm ICT by ANI  

Ranchi, Mar 4 (ANI): The Enforcement Directorate filed a chargesheet against former Jharkhand Chief Minister Madhu Koda on Friday in connection with the hawala transactions and the illegal investments case registered against him.

The chargesheet filed by the Enforcement Directorate at a special court in Ranchi includes details of the agency’s probe in a number of cities, offshore destinations and the role of Koda’s close associates Binod and Vikash Sinha.

The former Jharkhand Chief Minister and his associates, the Sinha brothers, are under the investigation of various agencies like the Income Tax department, the Central Bureau of Investigation (CBI) and Jharkhand Vigilance Bureau with respect to the alleged illegal investments.

The CBI had on November 12 last year filed a chargesheet against Madhu Koda and two of his aides for allegedly receiving Rs. 13 crore as bribe for showing favour and recommending allotment of land to a private company for mining iron ore.

The charge sheet was filed against them in the court of a special judge in Ranchi under 120-B (criminal conspiracy) of the Indian Penal Code (IPC) and provisions of the Prevention of Corruption Act.

The ED had on October 9, 2010, charged Koda and his former Cabinet colleagues under the Prevention of Money Laundering Act (PMLA) for allegedly amassing assets worth several hundred crores.

On October 9, the ED had charged Koda and his former Cabinet colleagues under the Prevention of Money Laundering Act (PMLA) for allegedly amassing assets worth several hundred crores.

Koda, who was arrested on November 30, 2009, is currently lodged at Ranchi’s Birsa Munda jail. (ANI)

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