Koda allowed to attend winter session of Parliament

Jharkhand High Court on Thursday allowed former chief minister Madhu Koda, who is facing money laundering charges, to attend the Winter session of Lok Sabha from November 7 to December 15.

Updated: Nov 04, 2010, 20:59 PM IST

Ranchi: Jharkhand High Court on Thursday allowed former chief minister Madhu Koda, who is facing money laundering charges, to attend the Winter session of Lok Sabha
from November 7 to December 15.

On a plea by Koda, who represents Singhbhum Lok Sabha constituency, Justice Pradeep Kumar directed the CBI and the state police to take appropriate steps to taking the MP to
Delhi.

39-year-old Koda, who was arrested on November 30 last year and is now in judicial custody, is facing money laundering charges to the tune of Rs 2,500 crore.

The Income Tax department, the Enforcement Directorate and the CBI are also investigating separately into the Koda scam that surfaced on October 31 last year during a
countrywide search by agencies on the premises of Koda and his associates.

The investigators had allegedly found documents relating to illegal investments and hawala transactions to the tune of Rs 2000 crore.

The ED had on October 9 last year filed an FIR against Koda and some of his former cabinet members and associates for allegedly accumulating wealth to the tune of Rs 4000 crore disproportionate to their known sources of income.

Binod Sinha and his brother Vikas, said to be key associates of Koda, are also in judicial custody, so also Mumbai-based businessmen Manoj Punamia and Arvind Vyas, the
alleged beneficiaries during Koda`s rule from September 2006 till August 2008.

PTI