Rs.300 crore-worth properties of Koda, others seized
By IANSFriday, December 24, 2010
RANCHI - Properties worth Rs.300 crore of former Jharkhand chief minister Madhu Koda and his associates were attached by the Enforcement Directorate, a prosecutor said Friday.
The Enforcement Directorate has attached properties worth Rs.300 crore. The assessment of assets in foreign countries are on, Public Prosecutor of Enforcement Directorate S.R. Das told reporters here.
The close associates of Koda whose properties have been attached are Vinod Singh, his brother Vikas Sinha and others.
The Enforcement Directorate had lodged money laundering cases against Koda and his associates last year.
The Income Tax and the Enforcement Directorate had also raided 69 places in October last year and 65 places in February this year, including houses of Koda and his associates, in the Rs.2,500 crore money laundering scam.
Koda is in jail since Nov 30 last year.