UwidoNews

Former Jharkhand Chief Minister Madhu Koda was not cooperating fully with the Income Tax department in the investigation against him for amassing wealth illegally, a senior official said on Monday.

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.

If you divide the money allegedly made by Jharkhand leader Madhu Koda (39) and his two buddies, Binod Sinha (39) and Sanjay Choudhary (41) by the number of days Koda was in office as chief minister and as minister of mines in the BJP-led Arjun Munda government, it comes to a jaw-dropping Rs 3.6 crore a day.

The vigilance department has filed an FIR against Jharkhand's former chief minister and MP Madhu Koda and three of his former cabinet colleagues on the charge of illegally amassing money when they were in power.

Madhu Koda, allegedly at the centre of a Rs.2,500 crore money laundering scam, may be arrested and put through a narco test, sources in the Enforcement Directorate (ED) indicated Friday.

Former Jharkhand chief minister Madhu Koda, under the scanner for allegedly amassing over Rs.2,000 crore (Rs.20 bn / $425 mn)illegally, was admitted to the intensive care unit (ICU) of Apollo Hospital in Ranchi as raids continued at his premises for the fourth consecutive day Tuesday.

Former Jharkhand chief minister Madhu Koda, who was on Wednesday interrogated for his role in a Rs 2,500 crore money laundering scam.

In what can only be bad news for politicians and others who were allegedly paid huge sums of money by Madhu Koda and his aides Binod Sinha and Sanjay Choudhary.

Non-resident Indian businessman and alleged Hawala kingpin Naresh Jain on Friday evening denied being involved in the alleged Hawala transactions and claimed he was basically a businessman but being unnecessarily trapped in the case.