A close associate of former Jharkhand Chief Minister Madhu Koda was on Tuesday night brought back here from Indonesia by Indian agencies after the fugitive businessman was detained there following an Interpol notice against him on money laundering charges.
A two-member team of the Enforcement Directorate (ED) accompanied Anil Bastawade and he was taken into custody when he landed at the airport here.
Sources said he would be sent to Jharkhand’s capital Ranchi on Wednesday for production in a special Prevention of Money laundering Act (PMLA) court.
The CBI had earlier told the Enforcement Directorate about the detention of Mr. Bastawade by Indonesian enforcement agencies.
The CBI had issued a Red Corner Notice against him on the request of 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 alleged financial irregularities by Mr. Koda during his tenure as Chief Minister of the mineral-rich State under the Prevention of Money Laundering Act. Mr. Koda is at present jailed in Ranchi.
The ED suspects the Mr. Bastawade has made 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 for his alleged role in purchasing properties in the UAE from “criminal proceeds” generated by “illegal” activities during the tenure of Mr. Koda as the Chief Minister from September 2006 to August 2008. - PTI