Ranchi: Income Tax department Tuesday
raided more than 60 places across the country in connection
with the alleged illegal investments and hawala transactions
case involving Jharkhand's former Chief Minister Madhu Koda.
"Raids are being conducted at 60 places in the
country," Director of Income Tax Department, Ujjwal Choudhary,
said over phone.
He, however, refused to divulge why the raids were
being conducted, the names of the persons and places involved.
Sources said raids have been going on in Patna,
Ranchi, Chaibasa and Jamshedpur.
On October 31 last, IT and ED officials had raided
about 70 places, including the residences of Koda and his
associates.
The officials claimed to have detected evidence of
alleged illegal investments and hawala transactions worth Rs
2000 crore.
The ED had booked Koda and seven others in connection
with financial irregularities
Koda is now in judicial custody after he was arrested
by Jharkhand Vigilance Bureau on November 30 in connection
with a state vigilance case pending at a special vigilance
court.
PTI
First Published: Tuesday, February 16, 2010, 11:06