Skip to main content

Ex-CM Madhu Koda's arrest anytime soon



Ranchi: Former Jharkhand chief minister Madhu Koda will be arrested the moment he is discharged from a hospital in Ranchi, the officer probing the politician’s alleged involvement in a Rs 4,000-crore scam has told CNN-IBN.

The Enforcement Directorate’s Chief Investigator told CNN-IBN investigators had enough evidence against Koda, who was admitted in Ranchi’s Apollo Hospital on Tuesday after he complained of a stomachache, vomiting and high blood pressure.

The ED has asked the hospital too keep it informed about Koda’s health and not to discharge him without telling them.

CNN-IBN has also learnt that during the four days of continuous interrogation, Koda allegedly admitted to stashing away Rs 375 crore in Swiss banks.

Koda’s residence in Ranchi was sealed on Wednesday amid allegations that he had amassed illegal assets worth Rs 4,000 crore.

CNN-IBN Investigation: Koda's Rs 4,000-cr empire

Madu Koda, from labourer to Chief Minister

Income Tax (IT) officials allegedly seized four money-counting machines, investment documents, cash, jewellery, a laptop and computer hard disk from his Ranchi residence on Wednesday.

According to sources, the IT department has traced a person who allegedly helped get hundreds of crores of rupees belonging to Koda deposited in a Swiss bank. The name and identity of the person has been withheld in the interest of the investigation.

During interrogation, Koda, now an MP, is learnt to have admitted to making unpublicised trips to foreign countries while he was the mines and geology department minister from March 2005 to September 2006, the sources say.

At that time, Arjun Munda was the Chief Minister of Jharkhand. In the past, he too has accused Koda of making foreign visits without informing him.

According to the sources, Koda had visited Liberia, Bangkok and Dubai without informing Munda. As per protocol, a minister should inform the chief minister if he makes any foreign visit.

On October 9, the ED lodged a case under the Prevention of Money Laundering Act (PMLA) against Koda and three former ministers as well as his associates Vinod Kumar Sinha and Sanjay Chaudhary.

(With inputs from CNN-IBN and IANS)

Source: ibnlive.in.com

Comments

Popular posts from this blog

Kerala boat tragedy: Thirty five bodies have been fished out of the water

THEKKADY / KOCHI: A thick veil of grief descended on the famed tourist spot of Thekkady on Wednesday when Kerala witnessed its worst ever boat tragedy in the Mullaperiyar waters as the KTDC’s Jalakanyaka, carrying about 76 passengers, sank. Thirty five bodies have been fished out of the water. Any hope of finding more tourists alive faded with the daylight even as rescue personnel continued their desperate search. The two-deck boat, commissioned just a month back, was returning to the boat landing after an hour-long sight-seeing trip when tragedy struck. All the passengers on the upper deck apparently rushed to one side of the boat to take photos of a lone bison spotted on the shore. At the same time many from the lower deck flocked to the top leaving the lower almost empty. This movement and the uneven distribution of weight caused the boat to overbalance and turn turtle. Those remaining on the lower deck were trapped inside while about 20 on the upper deck were rescued by other boa

Special Status For Jammu & Kashmir Scraped: 5 Points About Article 370

Jammu & Kashmir will also be "reorganized," Home Minister Amit Shah said as talks about the state being trifurcated into three separate fields- Jammu, Kashmir and Ladakh NEW DELHI: Article 370, which gives Jammu & Kashmir unique status, will be withdrawn this morning in parliament, Home Minister Amit Shah said . The announcement came after his cabinet meeting at his house this morning was held by Prime Minister Narendra Modi . Article 370 is a ' temporary provision ' granting special autonomous status to Jammu & Kashmir . It allows the state to draft its own Constitution and restricts the legislative powers of the parliament over the state. The government therefore requires state government approval for all legislation, except those related to defence, foreign affairs, finance, and communications. Parliament can not also improve or decrease the boundaries of the State under Article 370 As a consequence, citizens of Jammu & Kashmir

Enai Nokki Paayum Thotta Movie Review: Tiring and Unsatisfying

Movie Rating: 3/5 First of all things! The director's weakest film is the long delayed Enai Noki Paayum Thotta by Gautham Menon . The film's main weakness is the director's fascination with narrative style voice-over. It was good before Gautham used voice-over as a medium to tell his stories, but every scene in Enai Nokki Paayum Thotta begins and ends with Dhanush's voice-over, which irritates us after a point. The film is filled with tired stereotypes, and at a runtime of 157 minutes it is an unsatisfying watch. Like any other movie from Gautham Menon, here too hero Raghu (Dhanush) is a student of engineering, but this time his wife is not a student, but a film heroine Lekha ( Mega Akash ).She tells him she is not interested in movies and her boss Kuberan (Senthil Veeraswamy) coerced her into the profession for money (it looks like the girl is an orphan and Kuberan supported her studies and is her guardian). Raghu takes her to his Pollachi house and introduc