Madhu Koda, (C), former Jharkhand chief minister.
Madhu Koda, (C), former Jharkhand chief minister.

Delhi HC refuses bail to Koda's aide

Fri-Nov 27, 2009

New Delhi / Press Trust of India

Binod Kumar Sinha, an aide of former Jharkhand Chief Minister Madhu Koda, was on Friday refused anticipatory bail by the Delhi High Court in connection with a graft case registered against him by the Enforcement Directorate.

Justice M C Garg declined to grant any relief to Sinha asking his counsel to approach appropriate court in Jharkhand.

Senior advocate K T S Tulsi, appearing for Sinha, who has so far not made himself available for investigation before the ED, preferred to withdraw his plea for anticipatory bail after the judge gave him the option.

Advocate Atul Nanda, appearing for the ED opposed Sinha's plea, saying the accused has not submitted for interrogation.

The Directorate also opposed the plea of transit bail for the accused so that he could approach the appropriate court in Jharkhand.

Sinha is among six persons against whom the ED has registered a case of money laundering.

The ED has alleged that Koda has been operating through Binod Sinha.

His brother Vikash Sinha was arrested by the ED for his involvement in carrying and investing cash allegedly sourced from him.

Koda's assets estimated at a whopping over Rs.4,000 crore, includes hotels and three companies in Mumbai, a hotel in Thailand and a coal mine in Liberia.
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