The Enforcement Directorate on Tuesday told the Jharkhand High Court that a Rs.200-crore investment by the former Chief Minister, Madhu Koda, and his associates in Sweden had been traced.

The ED report comes on a petition filed by Durga Oraon in 2008 against Mr. Koda and five former Ministers seeking an inquiry into their assets.

In 2009, the Income-Tax department raided many houses and arrested the former Ministers. Various money laundering cases are pending against Mr. Koda and his associates, who are lodged in the Birsa Munda jail.

The ED had filed separate cases against Mr. Koda and his associates. The next hearing is on February 29.


Jharkhand ex-CM Madhu Koda granted bail April 5, 2012