Funds diverted by associate to Dubai.
The passport of Sanjay Choudhary, close aide of former Jharkhand Chief Minister Madhu Koda, has been revoked as part of the investigations into the alleged multi-crore illegal investment and hawala racket involving the duo and some others.Sources said Choudhary, who is alleged to be the main money bag for Koda, is currently hiding in Dubai.
The special judge, Pankaj Kumar, ordered issuance of letters of request in the name of the five countries to enable ED officials to conduct investigation. SR Das, the counsel for ED told the court that the visit was necessary as the agency had unearthed facts about the illegal investments and hawala transactions made in these countries by the accused.
The Enforcement Directorate on Thursday conducted searches on the premises of realtor EMMAR MGF in connection with the multi-crore illegal Hawala and investment case involving former Jharkhand Chief Minister Madhu Koda.
Former Jharkhand Chief Minister Madhu Koda, facing money laundering and corruption charges, on Thursday failed to appear before the Enforcement Directorate citing reasons of election campaigning in interior areas of the state.
Rashtriya Janata Dal chief Lalu Prasad on Monday declined to comment on the ongoing probe into the alleged hawala transactions and investments involving former Jharkhand chief minister Madhu Koda. "I will not comment as the topmost investigating agencies, the Enforcement Directorate and the Income Tax Department, are conducting their probe. The media should not be a police officer nor is it competent (to reach conclusions)," Prasad told reporters.
With Lok Sabha Speaker Meira Kumar meeting leaders of political parties in Delhi on Thursday -- a routine drill before commencement of a month-long Lok Sabha session -- hectic political activities have begun behind the scenes.
The Income Tax authorities on Saturday took into possession some files relating to allotment of mining leases since 2004 when Madhu Koda, who is accused of hawala transactions, was the Jharkhand mines minister.
Former Jharkhand Chief Minister Madhu Koda, against whom the Enforcement Directorate and the Income Tax Department are investigating money laundering charges, will not be discharged from hospital on Saturday, as he has an upset stomach. Koda got himself admitted to the hospital on complaints of stomach pain on November 3, after the launch of Income Tax raids on his residence in connection with alleged hawala transactions and illegal investments, amounting to Rs 2000 crore.
The income tax department on Wednesday sealed some rooms and almirahs at the Ranchi residence of former Jharkhand chief minister Madhu Koda, embroiled in the alleged hawala transaction and illegal investments running into more than Rs 2,000 crore.
The Bharatiya Janata Party on Tuesday accused Rashtriya Janata Dal chief Lalu Prasad and the Congress of helping former Jharkhand chief minister Madhu Koda allegedly amass black money, a charge rubbished as "ridiculous" by the RJD supremo.
The Income Tax department has begun sealing properties and issued prohibitory orders around the premises of former Jharkhand chief minister Madhu Koda and his associates in the alleged hawala transactions and illegal investments case.
The country-wide raids by the Income Tax teams on properties allegedly owned by former Jharkhand chief minister Madhu Koda and his associates continued for the second day on Sunday.
The searches, which began at 9:30 am, were carried out after the Enforcement Directorate registered a case against 38-year-old Koda for alleged money laundering and diversion of state funds.
A case was registered against former Jharkhand chief minister Madhu Koda and three of his cabinet colleagues by the Enforcement Directorate on Friday for alleged money laundering, diversion of state funds and making huge investments abroad without legal sanction. The ED filed a Enforcement Case Information Report (equivalent to a FIR) before the Prevention of Money Laundering Act court in Ranchi against Koda, Kamlesh Singh, Bhanu Pratap Shahi and Bhandu Tirkey.
What if Madhu Koda or A Raja becomes the prime minister of this country? What if a prime minister, who is privy to the entire security secrets, sell such crucial information? In a 14-page letter to Finance Minister Pranab Mukherjee on Tuesday, these were some of the reasons raised by Anna Hazare-led civil society members while arguing for bringing the PM under the purview of Lokpal.
The Election Commission has sought an explanation from sitting MP and former Jharkhand Chief Minister Madhu Koda for alleged discrepancies in poll expenses incurred by him during the 2009 general elections. Koda, who represents the Singbhum parliamentary constituency, was asked by the EC in the show-cause notice issued to him as to why he should not be disqualified from the Lok Sabha in the wake of the huge poll expenditure detected during a IT probe.
According to jail sources, the Directorate had given to Koda a questionnaire of over 100 queries that it had prepared based on the investigations carried out by it over the last three months and the statement of Koda's aide Vikash Sinha.
A special team of the Enforcement Directorate will soon visit several countries as part of its probe into the alleged multi-crore hawala and illegal investment case against former Jharkhand chief minister Madhu Koda and his associates.
The Rs 4,000-crore money laundering scam involving former Jharkhand chief minister Madhu Koda has taken a new turn today with the Enforcement Directorate pointing fingers at five Indian Administrative Service (IAS) officers.
Former Jharkhand chief minister Madhu Koda was arrested on Monday morning in the Hawala scam totaling to about Rs 2,000 crore.
All United Progressive Alliance allies, which supported the erstwhile Madhu Koda government in Jharkhand had shared the "profits of crime" which surfaced after the unearthing of the money laundering scam, Bharatiya Janata Party leader Arun Jaitley said on Sunday.
Rajya Sabha was adjourned thrice during Question Hour over separate issues, including the Liberhan Report and the alleged multi-crore scam involving former Jharkhand Chief Minister Madhu Koda.
Former Jharkhand Chief Minister Madhu Koda, who failed to appear before the Enforcement Directorate on Thursday, has sought time for his appearance, saying his documents are not ready. Koda, along with his associates, has been accused of being involved in a Rs 2000-crore hawala scam.According to one of his advocates, Koda has sought time as some of his documents, wanted by the ED, were either with the Income Tax Department or with the State Vigilance Department.
In 2005, Koda had movable assets worth Rs 13 lakh, and by 2009, they rose to over Rs 94 lakh. His immovable assets also doubled to over Rs four lakh during this period. These disclosures were made by Koda himself -- first in the affidavit he filed with the Election Commission at the time of contesting the assembly elections in 2005 and then earlier this year when he fought the Lok Sabha polls.
Did the ill-gotten money of former Jharkhand chief minister Madhu Koda and his associates, who are allegedly involved in the Hawala and illegal investments case, find its way to Naxal groups?
Devendra Mukhia, an alleged aide of former Jharkhand Chief Minister Madhu Koda, on Monday surrendered before the Income Tax Department in Ranchi, which wants to probe his involvement in the alleged hawala and illegal investments case. Mukhia is among the four persons who had failed to meet the November 6 deadline, set by the IT department, to appear before it for questioning in connection with Rs 2000 crore hawala transactions and illegal investments case.
With former Jharkhand chief minister Madhu Koda discharged from a Ranchi hospital on Sunday, the Enforcement Directorate has issued fresh summons to him to appear before it on November 15 in Delhi.
After a Ranchi court on Saturday sent Vikash Sinha, an associate of Madhu Koda, to its custody, the Enforcement Directorate is probing the role of cabinet colleagues of the former Jharkhand chief minister in obtaining and routing of money, which was later allegedly used for hawala transactions.
Vikas Sinha, an associate of former Jharkhand Chief Minister Madhu Koda, was on Friday arrested by the Enforcement Directorate in Ranchi for his alleged role in carrying out hawala transactions and illegal investments.Sinha, brother of another associate Binod Sinha, will be produced before a local court, where the ED will seek his police remand before he is sent to the Directorate's regional headquarters in Patna.
The Jharkhand high court on Thursday directed the state to produce a progress report on November 12 on the vigilance probe into the disproportionate assets case against former chief minister Madhu Koda and some of his former cabinet colleagues.
Former Jharkhand Chief Minister Madhu Koda and his associates, facing charges of money laundering, have been summoned by the Enforcement Directorate for questioning on alleged hawala transactions and investments.
Former Jharkhand chief minister Madhu Koda, who is under the Income Tax scanner for alleged hawala transactions, was on Tuesday admitted to a hospital in Ranchi after he complained of illness.
Koda, scheduled to face a trial of strength in a special session of the assembly on August 25, had been insisting on a meeting of the UPA to sort out the differences instead of airing views here and there. The chief minister added that he would place his views to them of his performance in past two years, which he thought would justify his claim to complete the tenure.
With the Jharkhand governor asking Chief Minister Madhu Koda to prove his majority within a week, the scene of political activities is likely to shift to the national capital. Both the claimants -- Koda and Jharkhand Mukti Morcha chief Shibu Soren -- plan to come to Deolhi to influence senior United Progressive Alliance leaders to support their cause.
Ravi Shankar Prasad, Bharatiya Janata Party's spokesperson, has confirmed that Shibu Soren is not acceptable to them as the chief minister of Jharkhand and the election commission should fresh election. the Congress and the Rashtriya Janata Dal had already rejected Soren's claim, to chief ministership, who had withdrawan support to Madhu Koda government.
With the Jharkhand Mukti Morcha withdrawing support to the 23-month-old United Progressive Alliance government in Jharkhand and Chief Minister Madhu Koda still expressing confidence for a solution, all eyes are on Governor Syed Sibtey Razi as different political parties are meeting him and placing their views.
Chief ministers of five mineral-rich states, including Chhattisgarh, will meet Home Minister Shivraj Patil in New Delhi tomorrow to demand rejection of the recommendations of the Hooda Committee on mining.
A special vigilance court extended the judicial custody of former Jharkhand chief minister Madhu Koda and his cabinet colleague Kamlesh Singh till January 19 in a disproportionate assets case on Tuesday.
The Enforcement Directorate will soon move a court to revoke the passport of a close aide of arrested former Jharkhand chief minister Madhu Koda, who is believed to be in Dubai.Official sources said Sanjay Chowdhary, Koda's aide and the suspected front-man for all alleged dubious deals of the former chief minister, had left for Dubai as soon as the ED had registered a case under the Prevention of Money Laundering Act in the multi-crore scam.
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