IBNLive.com: Breaking news from India

 

CORRUPTION, MONEY LAUNDERING SCAM

Font Size A+A-

Koda discharged from hospital, arrest imminent

TimePublished on Sun, Nov 08, 2009 at 10:56, Updated on Sun, Nov 08, 2009 at 13:56 in India section

EMPIRE OF GREED: Former Jharkhand chief minister Madhu Koda invested heavily in mines.

EMPIRE OF GREED: Former Jharkhand chief minister Madhu Koda invested heavily in mines.


Ads by Google

ibnlive.com is on mobile now. Read news, watch videos
be a Citizen Journalist. Log on to m.ibnlive.com NOW!

Photogallery

Find us on Facebook | Join IBNLive community

Stay ahead with G-Talk Buddy | Click now!

Ads by Google
  

Ranchi: Former Jharkhand chief minister Madhu Koda, who faces arrest on charges of laundering Rs 2,500 crore, was on Sunday discharged from the Apollo Hospital in Ranchi.

"I am innocent. I don't have any connections with anybody," Koda told reporters after he was discharged from the hospital.

Meanwhile, Income Tax (IT) authorities have started scrutinising the mining deals inked by Koda when he was in power.

"Madhu Koda has been discharged," Apollo Hospital spokesperson Javed Akhtar told IANS.

Koda was hospitalised on November 3 after he complained of severe stomach ache. An investigator had then said that Koda, independent MP from Singhbhum, was trying to buy time to evade arrest.

"We have informed the ED (Enforcement Directorate) about Koda being discharged. It is up to the ED to decide what they will do and it is also up to Madhu Koda when he decides to leave the hospital," Akhtar added.

Koda faces arrest after the Income Tax department and ED exposed the scam running into thousands of crores of Rupees.

Income Tax authorities have started scrutinising the mining deals signed when Koda was chief minister - between September 2006 and August 2008. Koda had kept the mines and geology department with himself. He was also mines and geology minister between March 2005 and September 2006 when Arjun Munda was chief minister.

Ajay Kumar, the Income Tax commissioner in Patna, arrived in Ranchi on Saturday to scrutinise the mining deals that took place under Koda. Ajay Kumar is an expert in mines investigation. "The special Commissioner Ajay Kumar is scrutinizing the mines files," said Additional Director of IT, Ajit Kumar Srivastav.

According to sources, the IT department has sought details of mines, recommendation of lease of mines made under Koda, issuing survey licence of mines and others. The Mines Director was asked to submit the details of mines lease recommendations made and lease granted during the Koda regime like iron ore, coal, uranium, and others. The details were given to the IT authorities Sunday by Jharkhand, Mines and Geology Director BB Singh.

The ED had earlier summoned Koda and other accused on November 11 to appear in New Delhi.

On October 9, the ED filed a case under the Prevention of Money Laundering Act (PMLA) against Koda, three more former ministers as well as his associates Vinod Sinha and Sanjay Chaudhary. Vikas Sinha, brother of Koda's close aide Vinod Sinha, was Saturday sent to ED custody for 10 days.

According to sources, Vikas has admitted to sending Rs 40 crore abroad for Koda.

Ads by Google
Related Ads:

About Us | Disclaimer | Careers @ IBN | RSS | Podcast | Contact Us | Feedback | Advertise With Us | Connect.in.com

© 2009 IBNLive.com India. All Rights Reserved. A Web18 Venture

CNN name, logo and all associated elements ® and © 2009 Cable News Network LP, LLLP. A Time Warner Company. All rights reserved. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. Use of the CNN name and/or logo on or as part of CNN-IBN does not derogate from the intellectual property rights of Cable News Network in respect of them.