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