The State Vigilance Commission arrested Former Jharkhand Chief Minister Madhu Koda, on November 29, nearly two months after a case was registered against him in a multi-crore hawala scam. “We have reached at a stage when his arrest was necessary. We had taken the arrest warrant from the competent court,” said Inspector General of Police, Vigilance, M.V Rao. Koda, 38, was arrested from the Chaibasa district of the state is being jointly investigated by the vigilance commission, Income Tax department and Enforcement Directorate. Koda had repeatedly avoided appearing before the Enforcement Directorate and the State Vigilance Commission in connection with the disproportionate asset and the Prevention of Money Laundering case against him and his close associates.
The Directorate would also join the questioning of the former C.M.
During raids on his premises, the IT department had claimed to find evidence of hawala transactions and illegal investments running into more than Rs 2,000 crore.