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Wednesday, November 4, 2009

Koda deposited money in Swiss banks?

According to the sources, the income tax (IT) department has traced a person who allegedly helped get hundreds of crores of rupees belonging to Koda deposited in a Swiss bank. The name and identity of the person has been withheld in the interest of the investigation.

During interrogation, Koda, now an MP, is learnt to have admitted to making unpublicized trips to foreign countries while he was the mines and geology department minister from March 2005 to September 2006, the sources say.

At that time, Arjun Munda was the chief minister of Jharkhand. In the past he too has accused Koda of making foreign visits without informing him.

According to the sources, Koda had visited Liberia, Bangkok and Dubai without informing Munda. As per protocol, a minister should inform the chief minister if he makes any foreign visit.

The Enforcement Department (ED) has served a notice to Koda in hospital, a day after he was admitted there, summoning him for interrogation. The summons is seen as a move to interrogate Koda about his alleged
foreign investments and money sent through hawala.

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