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Investigating Koda: Bigger fish in the murky sea?
Alok Pandey, Manish Kumar, Thursday November 5, 2009, Ranchi

The last thing that Madhu Koda probably wants is to be a free man. That's because he's in hospital, where he can't be arrested on corruption charges. When the former chief minister is discharged, he'll be taken into custody, an eventuality that's closer now that he's been moved out the Intensive Care Unit where he was admitted earlier this week, after complaining of a severe stomach ache.

''We will monitor his condition for 48 hours. The Enforcement Directorate has asked us not to release him without informing them,'' says P D Sinha, the medical superintendent at Apollo Hospital.

Also likely for Koda:  narco-analysis, a lie detector test, or both. Enforcement Directorate and Income Tax officials say they may have to resort to these because Koda is not cooperating with them.

While Koda's been in hospital, the two men who allegedly helped him illegally build an empire worth 4000 crores have gone missing. Binod Sinha and Sanjay Chowdhary have been given a  deadline of November 11  to face investigators willingly, or face legal action.

But as the Enforcement Directorate and the Income Tax Department wait to question them, another puzzle has surfaced: are there much bigger fish involved?

For example, a diary used by Koda, now part of the investigation against him, mentions a Lalu.  Is this a reference to Lalu  Yadav, former chief minister of Bihar?

''If my name is there, let them investigate me, let them conduct an inquiry,'' dares Lalu Yadav.

Among others, a Mumbai-based investment firm has been raided for handling some of Koda's money.  And politicians in the city are also now playing sleuth.

A local BJP leader has  accused the  Mumbai Congress President, Kripashankar Singh, of being involved with Koda's alleged scam. Singh denies this, but ''There are three properties, bought with Koda's money, that we have information on, to which Congress leaders are linked. There are 17 properties connected to this scam," charges the BJP's Kirit Somaiya.
 
 
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Tags: Jharkhand, Madhu Koda
Comments
Posted by Dennis Jordon on Dec 06, 2009
Well if Koda has been accused for swindling tax payer's money and if proved guilty ,action should be taken against him and all involved in the entire episode. If proved guilty should be sent to jail but at the same time the money looted needs to come back wherever,it has been transported to.
Posted by anil bharali on Nov 29, 2009
Poor trabal KODA must be an escaped goat of the looting system but it is important to bring the truth to the public in national interest .Is our investigating agency and media are capable of doing that ?? let us wait and see what is going to happen ??
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