Former Jharkhand CM Koda gets bail in corruption case

Ranchi: Former Jharkhand Chief Minister and MP Madhu Koda was today granted bail by the state high court in one of the corruption cases lodged against him.

However, he will continue to remain in jail in other cases.

A single bench of Justice HC Mishra granted bail to Koda in a corruption case pertaining to an alleged pollution control board scam.

The former chief minister is still in jail. Agencies

On 5 April, the former chief minister had secured bail for the first time from the high court in a disproportionate assets case.

His petition for bail in a case relating to the Enforcement Directorate is likely to come up for hearing on 22 August.

Koda, who has been in judicial custody from 30 November, 2009, was arrested by Jharkhand Vigilance Bureau from Chaibasa after the 31 October countrywide raids by Income Tax and Enforcement Directorate on 69 premises.

The IT had alleged that documents relating to illegal investments and hawala transactions valued at Rs 2,500 crore were seized during raids on the premises of Koda and his associates.

The CBI took over the case later, and along with the ED, charged him with making illegal investments and hawala transactions during his chief ministerial term for 23 months between 2006 and 2008.


Published Date: Aug 13, 2012 16:51 PM | Updated Date: Aug 13, 2012 16:54 PM

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