CBI court rejects Koda’s bail plea
May 30th, 2011 - 7:22 pm ICT by IANSRanchi, May 30 (IANS) A Central Bureau of Investigation (CBI) court here Monday rejected the bail petition of former Jharkhand chief minister Madhu Koda, in jail since November 2009 in a graft case.
Turning down Koda’s plea for bail on medical grounds, CBI judge N.N. Singh directed the authorities to extend all possible medical treatment to him.
The CBI had opposed the bail plea, saying that different agencies were investigating the cases against Koda and evidence had been found against him in many cases.
Koda was arrested in November 2009 after Income Tax and Enforcement Directorate officials raided 69 places in India including houses he owned, on complaints that he possessed assets disproportionate to his income.
Koda is also at the centre of a Rs.2,500-crore money laundering scam. In 2009, the ED had lodged a separate money laundering case against Koda and his associates.
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Tags: assets, authorities, bail plea, cbi court, central bureau of investigation, chief minister, enforcement directorate, graft case, income tax, koda, medical grounds, medical treatment, money laundering, petition, places in india, rs 2