FIR against Madhu Koda in multi-crore electrification scam

Yet another FIR has been filed against ex-chief minister Madhu Koda  and 28 others by the Vigilance Bureau, accusing them of forgery and criminal conspiracy while awarding contrats to a Hyderbad-based company for rural electrification.

The Vigilance Bureau filed the FIR yesterday against Koda, RJD leaders Girinath Singh and Prakash Ram, three former chairmen of Jharkhand State Electricity Board and others, the inspector general of police, MV Rao, said in Ranchi today.

The RJD was one of the parties which had supported Koda’s 23-month-old government from outside.

The FIR charged them with accepting bribes and other financial irregularities while awarding rural electrification contract to a Hyderabad-based company to the tune of Rs467.12 crore under the rural electrification scheme in Palamau, Garhwa and Latehar.

Binod Sinha, a close aide of Koda, was also named in the FIR.

Sinha has been  absconding ever since the Enforcement Directorate and the Income Tax department carried out raids in 70 places, inlcuding Koda’s premises, on October 31 last year.

Koda has been in judicial custody in connection with hawala charges and illegal investments.

The vigilance bureau registered the FIR under IPC sections  409 (criminal breach of trust), 420 (cheating), 423 (fraudulent execution), 467/468 (forgery and forgery for the purpose of cheating),  471 (using as genuine a forged document) and 120b (criminal conspiracy).