Koda got Rs 560cr from hawala
New Delhi: The noose around former Jharkhand Chief Minister, Muadhu Koda, tightened further with Income Tax department claiming to have unearthed documents that suggested he had allegedly sent Rs 560 crore abroad through hawala.
IT sources claimed Koda had allegedly amassed over Rs 2,000 crore along his associates through illegal means in the country and abroad for which $110 million dollars (Rs 560 crore) were transferred out through hawala operations.
Searches were conducted at 65 premises of Koda and his associates in Delhi, Kolkata, Mumbai, Lucknow, Nasik, Ranchi, Chaibasa and Jamshedpur in the wake of allegations of that he had amassed illegal wealth during his tenure as the Chief Minister and Minister for mines.
The hawala amount includes more than $100 million sent to Dubai to a person identified as Abdul Bhai, the sources said. Other hawala transactions included sending of 10 million dollar toDubai and two Million USD to Thailand through Arvind Vyas.
The evidence for the IT department claims regarding these transactions surfaced during the search operations at a residence of an alleged Koda associate Lalit Jalan in Mumbai.
The department has also found illegal deposits in Bank accounts and transactions in cash and cheques involving three companies in Mumbai through an hawala operator Manoj Punamia who was a director in these companies.
The minister's personal assistant A.K. Srivastava, the sources said , has also declared about Rs 5 crore investment in illegal purchase of land.
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Hello Koda, dont worry, nothing will happen to you. You continue to swindle public money and use it for yourself. In the last 62 years of our Independence not a single politician of your status as the Chief Minister of a state ever went to jail because you have good criminal leaders in politics and they will not only will help you but also would say "it is all political vendetta against you". Only thing is you need to pay a share to these criminals. Don't worry after all you all belongs to the same tribe. Let the foolish people of India suffer, as they have since Independence.
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