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	<title>TaxGuru &#187; intelligence agencies</title>
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		<title>Madhu Koda associate deposited 640 crore cash in one branch of Mumbai bank</title>
		<link>http://taxguru.in/general-info/madhu-koda-associate-deposited-640-crore-cash-in-one-branch-of-mumbai-bank.html</link>
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		<pubDate>Fri, 13 Nov 2009 01:10:49 +0000</pubDate>
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				<category><![CDATA[General Info]]></category>
		<category><![CDATA[cash deposits]]></category>
		<category><![CDATA[cash transactions]]></category>
		<category><![CDATA[delhi office]]></category>
		<category><![CDATA[ed officials]]></category>
		<category><![CDATA[enforcement directorate]]></category>
		<category><![CDATA[intelligence agencies]]></category>
		<category><![CDATA[legal money]]></category>
		<category><![CDATA[union bank of india]]></category>

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		<description><![CDATA[This seems to be the biggest slip by an Indian financial institution which is supposed to maintain heightened vigilance on suspicious and high-value cash transactions. At least Rs 640 crore was deposited in cash by one of the alleged front companies of former Jharkhand CM Madhu Koda in a state-owned bank in Mumbai. The bank failed to trigger an alert to countless intelligence agencies tasked to keep a tab.]]></description>
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