On 10 October 2009, he was charged with laundering money. The Income Tax Department uncovered over 4000 crore in illegal assets owned by Koda. Among others, these assets were reported to include hotels and three companies in Mumbai, property in Kolkata, a hotel in Thailand, and a coal mine in Liberia. This alleged scam is said to be the second-largest scam uncovered in India in 2009 and gets his name included in the list of controversial Indian businessman like Hasan Ali Khan and Harshad Mehta.
In the probes, it was found that Maoists received a 30% share of the "Koda plunder". This has led to staunch criticism of Koda from sections of society, including the opposition Bharatiya Janata Party. Gujarat Chief Minister Narendra Modi stated Koda was part of a corrupt network of Congress Party who stole money from Jharkhand.
In July 2011, the Member of Parliament, Mr. Madhu Koda was transferred to Delhi's high profile Tihar Jail from Chaibasa Central Jail after being given permission by the Jharkhand Vigilance Court so that he can attend the monsoon session of the Parliament.
In the probes, it was found that Maoists received a 30% share of the "Koda plunder". This has led to staunch criticism of Koda from sections of society, including the opposition Bharatiya Janata Party. Gujarat Chief Minister Narendra Modi stated Koda was part of a corrupt network of Congress Party who stole money from Jharkhand.
In July 2011, the Member of Parliament, Mr. Madhu Koda was transferred to Delhi's high profile Tihar Jail from Chaibasa Central Jail after being given permission by the Jharkhand Vigilance Court so that he can attend the monsoon session of the Parliament.
No comments:
Post a Comment