A Ranchi court has issued an arrest warrant against Binod Sinha, close associate of former Jharkhand Chief Minister Madhu Koda in connection with the multi-crore illegal investments and hawala case. Official sources said the arrest warrant was issued by the Prevention of Money Laundering Act court after the Enforcement Directorate(ED) moved an application for the same. Sinha and another of Koda's associate Sanjay Chowdhary had failed to appear before the Directorate despite repeated summons.<br/>The ED, which had questioned Sinha's brother Vikash in connection with the same case at its zonal headquarters after it got his custody, has been on his lookout ever since it registered the money-laundering case on October 9. Meanwhile, sources said the ED is likely to issue a fresh summon to Koda, who did not appear before the Directorate on Thursday. Koda had cited his election campaigning in interior areas of the state as reasons for not being able to appear for his questioning.<br/>