ED attaches Koda’s assets worth Rs 144 cr
Property worth Rs 144 crore which includes 25 flats and a shopping mall have been attached in connection with the disproportionate assets case against the alleged associates of former Jharkhand Chief Minister Madhu Koda. The order for attachment of the flats, in posh localities of Pune and Mumbai, and a shopping Mall in Jamshedpur was issued by a special money laundering court in Delhi.
New Delhi/Lucknow (PTI): Property worth Rs 144 crore which includes 25 flats and a shopping mall have been attached in connection with the disproportionate assets case against the alleged associates of former Jharkhand Chief Minister Madhu Koda. The order for attachment of the flats, in posh localities of Pune and Mumbai, and a shopping Mall in Jamshedpur was issued by a special money laundering court in Delhi.
The court found that the said properties were involved in the offence of laundering under the provisions of the Prevention of Money Laundering Act (PMLA), in a case probed by the Enforcement Directorate (ED). Some of the frozen assets also belong to businessman Anil Adinath Bastawade, who was earlier this year nabbed from Indonesia by the agency. "The above materials (prosecution evidence) and the submissions made me feel convinced that prima facie all the properties provisionally attached are involved in money laundering and therefore liable for attachment.”


















