Will quit politics if charges are proved: Madhu Koda
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Will quit politics if charges are proved: Madhu Koda

Last Updated: Saturday, November 14, 2009, 23:46
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Will quit politics if charges are proved: Madhu Koda Chaibasa (Jharkhand): Terming the money laundering charges against him as a "political conspiracy", former Jharkhand Chief Minister Madhu Koda on Saturday said he would cooperate with the probe into them and would quit politics if they were proved to be correct.

"This (the charges) is a political conspiracy as people don't want me to succeed as an independent legislator," Koda, a Lok Sabha MP, told newsmen here.

Koda said he would continue to co-operate with the investigating agencies probing into the charges against him.

Income Tax sleuths have been questioning him on and off from October 31 in connection with the Rs 2000 crore alleged hawala transactions and illegal investments after they conducted raids in 70 premises across the country and claimed to have found evidence in the case.

The ED has issued fresh summons to Koda, the third in a week, to appear before it in Ranchi on November 19. Earlier the ED had served him summons on November 13 and 15.

Koda, who yesterday wrote to the ED expressing his inability to appear before it in Delhi owing to the ensuing assembly polls in the mineral-rich state, reached here last night.

The ED has made only one arrest - that of Vikas Sinha, the brother of Koda's aide Binod Sinha since the scam surfaced.

Koda, who was the chief minister between September, 2006 and August 2008, had won the Singhbhum Lok Sabha seat and has put up six candidates in the ensuing assembly elections.

His wife Gita is contesting the Jagannathpur assembly seat, which Koda had won in 2000 and 2005 which led to his being appointed a minister in Babulal Marandi and Arjun Munda governments before he himself becoming the chief minister as an independent MLA.

He was the mines minister in the Munda regime and retained the portfolio after taking over the reins from him.

The IT department claimed that the alleged deals in the allotment of mine leases had occurred during that period.

Bureau Report

First Published: Saturday, November 14, 2009, 23:46

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MIKE SINGH - USA
Koda tera political jeevan to already khatam ho chuka hai Your political carreer is long over now. You know guys The scam was for 50000000000 (5000 crore Rs) if koda spends Rs 50,000 every single day you know how many years he will take to spend entire 5000 Crore Rs Guess

2740 Years approx.
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Dinesh - USA
`` RAMCHANDRA KAHE GAYE SIYA SE `` Suno siya kaljugmein Kaala dhan aur kaale mann honge, Chor Uchakke Nagar Seth aur prabhu bhakt nirdhan honge, Jo hoga lobhi aur bhogi vo jogi kehlaayega.........
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PP TALWAR - India
Madhu Koda who had initially feigned illness and got admitted to the hospital to evade investigations by the IT/ ED officers with regard to his involvement in the Rs 5,000 crore scam, he is now dodging to appear before the authorities to face investigations in using his tribal card stating that since he comes from a poor family, he is being unnecessarily harassed. stringent action, as per the law should be taken against Koda to ensure that in compliance with the summons, he appears before the IT/ED authorities for investigations.
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