IT officials conduct nationwide raids on ex-Jharkhand CM Koda
October 31st, 2009 - 12:32 pm ICT by ANI ( Leave a comment )New Delhi, Oct. 31 (ANI): Income tax officials conducted nationwide raids on Saturday at various addresses linked with former Jharkhand Chief Minister Madhu Koda and his associates.
According to sources, the IT officials raided 65 addresses associated with Koda as the Enforcement Directorate was working to strengthen the money laundering case against him.
On October 9, the Enforcement Directorate had charged Koda and his former Cabinet colleagues under the Prevention of Money Laundering Act (PMLA) for allegedly amassing assets worth several hundred crores.
His former associates who have also been booked under PMLA include –Bhanu Pratap Shahi, Bandhu Tirkey and Kamlesh Singh.
Their assets were said to be running between 700-800 crore rupees.
Koda, an independent member of Lok Sabha and a UPA supporter, has been charged with having business interests of diverse kinds - cement, steel, auto, power, agro and tourism.
Estimated at 300-400 crore rupees, his investments are alleged to be spread from Singapore to Thailand to Dubai to Liberia. (ANI)
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- Evidence of Rs 400 crore unaccounted money transactions by Koda: IT dept. - Nov 01, 2009
- Koda moved from ICU to general ward, ED set for arrest - Nov 05, 2009
- Koda to be quizzed separately by vigilance, enforcement officials - Dec 05, 2009
- Jharkhand files chargesheet against Madhu Koda - Jan 29, 2010
- 'Non-cooperating' Koda may face narco test - Nov 06, 2009
- Enforcement Directorate to attach properties of ex-Jharkhand CM Koda, aides' - Apr 12, 2011
- Madhu Koda admitted to Ranchi Apollo hospital, ducks IT interrogation - Nov 03, 2009
- Koda associate arrested, three ex-ministers summoned - Nov 06, 2009
- Koda's bail plea rejected - Jul 02, 2010
- CBI takes over Koda scam probe - Aug 12, 2010
- Another former Jharkhand minister questioned in graft case - Dec 04, 2009
- Koda associate arrested, sent to 14 day judicial custody (Lead) - Nov 06, 2009
- Enforcement Directorate files chargesheet against Koda - Mar 04, 2011
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