ED files charge sheet against Jharkhand former CM Madhu Koda, allies in money laundering of Rs 3633 Cr

Ranchi, June 15: In the money laundering case, the problems of Jharkhand's former Chief Minister Madhu Koda are increasing. The screws of the ED are getting tighter on Madhu Koda. The ED Court has again made a charge against 9 accused including Madhu Koda. Earlier, in September 2012, the charge was fixed against 7 accused including Madhu Koda.

 

Taking the screws on the whip, the ED has again formed a charge by including two other accused Manoj Babulal Punamiya. After this, there is a new turn in this case now. ED Court Judge AK Mishra's court has increased the amount of money laundering while framing the charge in this case.

Two companies of Manoj Babulal Punamiya namely Balaji Lifestyle Realtors Private Limited and Balaji Universal Trade Links Pvt Ltd. Both of these companies are in Mumbai. Together with two companies of Punamiya, the court has charged 3633 crores 11 lakh rupees and 24.30 lakh US dollars for charging money laundering charges.

Earlier, Manoj Babulal Punamiya is accused in the money laundering with Madhu Koda, currently on bail and the trial phase is going on. In the former charge sheet, Punamiya has been accused of money laundering of Rs 55.69 crore.

Significantly, the former Chief Minister Madhu Koda has alleged that he has invested thousands of crores through hawala in Gulf countries and South Asian countries. After the matter came to light, he had to resign from the post of Chief Minister.