Ex-Jharkhand CM Madhu Koda's bail plea rejected

Ranchi, Nov 2: The interim bail plea of former Jharkhand Chief Minister, Madhu Koda has been rejected by a special court on Monday, Nov 1.

Koda, the main accused of Rs 2,500 crore money laundering scam, appealed before the court for bail to attend the monsoon session of Parliament beginning on Nov 7.

Koda, who was arrested on Nov 30, 2009, came under the scanner of several investigators (CBI, Income Tax department, Enforcement Directorate), who accused Koda of illegal investments and hawala transactions to the tune of Rs 2000 crore.

However, Koda claimed, "I am a victim of political conspiracy. People want my political career to be finished, but I have faith in the judiciary."

OneIndia News