Ranchi/New Delhi: A court here today sent Vikash Sinha, an associate of former Jharkhand Chief Minister Madhu Koda, to ten days in the custody of Enforcement Directorate.
Vikash, who was remanded to a day's judicial custody yesterday, will now be taken to the Enforcement Directorate's headquarters in the national capital for interrogation soon.
Vikash, brother of another Koda aide Binod Sinha, has been charged under sections 409 (criminal breach of trust), 420 (cheating), 465 (forgery), 120-B (criminal conspiracy) of IPC and other provisions of Prevention of Corruption Act by the ED.
He will be taken to Delhi for interrogation to probe charge of money laundering on behalf of Koda, Binod Sinha and others, sources said.
The ED meanwhile has also written to the Bureau of Immigration to alert all airports for the look-out notices it has issued for Binod Sinha and Sanjay Chowdhury.
Officials of both the ED and the IT department are monitoring the condition of Koda, who, according to officials of the Abdur Razzak Weavers Memorial Hospital in Ranchi, will not be discharged today.
Koda got himself admitted to the hospital on complaints of stomach pain on November three after the launch of Income Tax raids on his properties in connection with alleged hawala transactions and illegal investments amounting to Rs 2000 crore.
The ED while obtaining Vikash's custody yesterday had told the local Ranchi court that he was working with others to launder proceeds of crime and has committed offence of money laundering.
Persons who brought cash for Binod and family members were introduced by Vikash. His finances are not from legal sources of income, the sources claimed.
The ED, tightening its noose around Koda and his men has also found alleged undisclosed income of Rs 11.80 crore of both the brothers on the basis of the statement given by the Jamshedpur-based Chartered Accountant of Koda and Sinha brothers -- S K Naredi.
Sources said Vikash allegedly filed false entries to the tune of Rs 4.80 crores from companies which exist only on paper and no business activity is carried out by them.
Bureau Report