Ranchi: The Enforcement Directorate on Saturday
filed chargesheet against a close associate of former
Jharkhand Chief Minister Madhu Koda -- Vikash Sinha -- in a
special court here for alleged violations of money laundering
Act.
Sources said Sinha, along with other aides of the former
Chief Minister, was allegedly involved in investing laundered
money to the tune of more than Rs 600 crore in India and
abroad on behalf of Koda.
The chargesheet was filed in a special Prevention of
Money Laundering (PMLA) court here.
Sinha is the brother of another Koda associate Binod
Sinha and was arrested by ED last year in November in Delhi.
Koda and his associates are facing inquiries by various
probe agencies like ED, I-T department, CBI and Jharkhand
Vigilance Bureau regarding alleged illegal investments and
hawala transactions in India and abroad.
PTI
First Published: Saturday, January 15, 2011, 23:13