ED summons Koda for questioning

New Delhi, Nov 4 (PTI) Former Jharkhand Chief Minister
Madhu Koda and his associates, facing charges of money
laundering, have been summoned by the Enforcement Directorate
(ED) for questioning on alleged hawala transactions and
investments.
Official sources said the summons were served to Koda in
the hospital in Ranchi where he was admitted following
complaints of high blood pressure and stomach ache on Tuesday.
Notices were also issued to seven of his associates by
the ED, the sources said.
Both the ED and the Income Tax department have started
scrutiny of documents recovered during the searches.
These documents pertain to alleged hawala transactions
and investments running into more than Rs 2,000 crore by Koda
and his associates, they said.
While the ED will probe the investments and purchases
done outside the country, the IT department would investigate
the unaccounted money within the country.
Various directorates of the IT department from Delhi,
Kolkata, Mumbai, Lucknow, Nasik, and Jamshedpur have also sent
documents seized by them and other evidence to the
Investigations (Income Tax) Directorate in Jharkhand.
Koda and eight others have been accused of amassing
property worth hundreds of crores of rupees including those in
places like UAE, Thailand, Indonesia, Singapore and Liberia.
The ED had earlier filed an Enforcement Case Information
Report (equivalent to a FIR) before the Prevention of Money
Laundering Act court in Ranchi against Koda, his cabinet
colleagues Kamlesh Singh, Bhanu Pratap Shahi and Bhandu Tirkey
besides five others. PTI NES
JVN