Madhu Koda arrested in Jharkhand

30 November,2009 01:32 PM IST |   |  IANS

Former Jharkhand chief minister Madhu Koda, who is in the centre of a Rs 2,500-crore money laundering scam, was arrested on Monday, police said.


Former Jharkhand chief minister Madhu Koda, who is in the centre of a Rs 2,500-crore money laundering scam, was arrested on Monday, police said.

Koda was arrested in Chaibasa, about 200 km from here, and is being brought to the state capital here by a police team, an official said.

Koda is alleged to have laundered thousands of crores of rupees during his stints as the chief minister between 2006 and 2008.

Since October 31, the Income Tax department and the Enforcement Directorate (ED) have conducted raids at 69 places in eight Indian cities, including at Koda's home. Koda, however, insists the raids were politically motivated.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!
Madhu Koda arrested Jharkhand