Politics news

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

Meetu Jain, CNN-IBN | Updated Jan 30, 2013 at 09:06am IST

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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.

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Politicians

Madhu Koda

Posted on May 14, 2013 at 02:44PM IST
Madhu Koda is an Indian politician who was Chief Minister of Jharkhand from 2006 to 2008. He was sworn in as the fifth Chief Minister of Jharkhand on September 18, 2006 and remained in office until he resigned on 23 August 2008; he was succeed ...

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