Former Jharkhand Chief Minister Madhu Koda and his aides parked a major portion of the money raised through the Rs 4,000-crore laundering scam in five foreign bank accounts in three cities.
This was alleged on Friday here by former Bharatiya Janata Party MLA Saryu Rai, who earlier demanded that the scam be handed over to the CBI.
Rai said, “The accounts are in New York, Montreal and Paris. Huge amounts of money from the Koda-scam have been deposited in these banks through hawala channels from Ranchi, Delhi, and Mumbai via Dubai.”
He said the beneficiary of all these accounts was Ecobank of Guinea, a tax heaven island in the Caribbean.
On October 10, 2009, Koda was charged with laundering over Rs 4,000 crore. The Enforcement Directorate unearthed his undeclared assets allegedly worth Rs 4,000 crore.
While Koda is currently in jail, his business partner Binod Sinha is still absconding. Another Koda aide, Sanjay Choudhry, is learnt to have fled to Dubai and settled there.