November 27, 2011 7:01 PM

printer

Charges framed against ex-CM Koda, 2 former ministers in Jharkhand

A special anti-money laundering court in Jharkhand has framed charges against ex-chief minister Madhu Koda's two former ministerial colleagues Hari Narayan Rai and Enos Ekka under the Prevention of Money Laundering Act (PMLA). They have been accused of money laundering and possessing assets disproportionate to known sources of income. This is the first case in which charges have been framed under PMLA in the country.The ED has accused the former ministers in Koda government– Ekka and Rai– of having laundered 13.88 crore rupees and 4.83 crore rupees respectively in the case. Koda, who was Jharkhand Chief Minister from September 2006 to August 2008, was arrested on November 30, 2009. He is lodged in the Birsa Munda jail in Ranchi. In its chargesheet filed in the court earlier this year, the Enforcement Directorate has accused Koda of amassing illegal wealth of over 1,340 crore rupees in connivance with four of his close associates. Koda and his associates are facing inquiries by various probe agencies like the Income Tax department, the CBI and the Jharkhand Vigilance Bureau regarding the alleged illegal investments.

Most Read
View All arrow-right

No posts found.