ibnlive » Politics » News

Jan 30, 2013 at 09:06am IST

Coal scam: ED arrests Madhu Koda aide Anil Bastawade after his return to India

New Delhi: The Enforcement Directorate has arrested former Jharkhand chief minister Madhu Koda's aide Anil Bastawade. He was brought back from Jakarta on Tuesday night where he was arrested on January 21 on an Interpol notice.

Bastawade will be flown to Ranchi on Wednesday. He is an accused in a money laundering scam. The CBI has alleged that he siphoned off over Rs 250 crore from the Madhu Koda government to pay for coal mine contracts.

A Red Corner Notice (RCN) against him was issued by CBI on the request of the ED which is probing charges of alleged money laundering against the 48-year-old businessman.