Madhu Koda

Sahara Group of companies are under CBI and Enforcement Directorate's scanner not only in relation to 2G spectrum scam but also in at least three other cases including monely laundering scam allegedly involving former Jharkhand chief minister Madhu Koda and Jet Airways' takeover of Sahara Airlines, the Supreme Court was told today. Full Article

The government has ordered inspection of account books of two companies allegedly linked to former Jharkhand chief minister Madhu Koda, who is already under the scanner of Income Tax and Enforcement Directorate in an illegal money laundering case. Full Article

Diamond merchant Manoj Punamia, one of the key accused in the scam involving former Jharkhand CM Madhu Koda, was arrested on Saturday night upon his arrival at the Mumbai airport from abroad. Punamia, who was barred from travelling abroad, had left the country last week giving a slip to immigration officials despite a lookout notice issued against him. Investigators believe he may have gone to Dubai to eliminate the transaction trails the sleuths were probing. Full Article

The Jharkhand High Court on Thursday barred non-tax payers from filing a public interest litigation (PIL). "A division bench of Acting Chief Justice Sushil Harkauli and DN Patel set the parameters for filing a PIL. The parameters include a term that only tax payers having a PAN (permanent account number) can file PIL," Rajiv Kumar, a high court lawyer, said. Full Article

The income tax department today said it has found documents of investments to the tune of Rs50 crore during raids at the house of private secretary of Jharkhand chief minister Shibu Soren. The IT department during ongoing searches at the house of Manohar Lal Pal, yielded the documents of investments relating to property and business. Full Article

Income-Tax officials on Tuesday conducted raids at the residents of senior state officials, including that of Chief Minister Shibu Soren’s personal secretary M L Pal, in connection with a multi-crore money laundering scam involving former chief minister Madhu Koda. Full Article

The Enforcement Directorate on Thursday conducted searches on the premises of realtor Emmar MGF in connection with the multi-crore illegal Hawala and investment case involving former Jharkhand Chief Minister Madhu Koda.The search followed the ED finding certain documents that showed Koda's associates on the board of certain Emaar group companies, ED sources said. Full Article

Former Jharkhand chief minister Madhu Koda, under the scanner for allegedly amassing over Rs.2,000 crore (Rs.20 bn / $425 mn) illegally, was admitted to the intensive care unit (ICU) of Apollo Hospital in Ranchi as raids continued at his premises for the fourth consecutive day Tuesday. Income Tax (IT) officials were questioning Koda at his Ranchi residence when he said that he was feeling uneasy. Koda has a history of medical problems. Full Article