Anil Bastawade, a fugitive businessman and a close associate of former Jharkhand Chief Minister Madhu Koda, has been detained in Indonesia following an Interpol notice against him on alleged money laundering charges.

Investigators said Mr. Bastawade will now be brought back to India after the CBI earlier on Tuesday informed the Enforcement Directorate (ED) about the detention by Indonesian enforcement agencies.

The CBI had earlier issued a Red Corner Notice (RCN) against him on the request of the ED which is probing charges of alleged money laundering against the businessman.

The ED wants the custody of the 48-year-old businessman to probe the alleged financial irregularities conducted by Mr. Koda during his tenure as Chief Minister of the mineral rich state under the Prevention of Money Laundering Act (PMLA).

Mr. Koda is at present jailed in Ranchi.

ED suspects Mr. Bastawade to have made alleged illegal investments in Dubai and other foreign locations on behalf of Mr. Koda and his other associates.

The agency has named him in its charge sheet filed last year in the case and has underlined his role in purchasing properties in the UAE from “criminal proceeds” generated by alleged illegal activities during the tenure of Mr. Koda.