merisarkar news service
New Delhi, November 06, 2009
In Jharkhand, an associate of former Chief Minister Madhu Koda, Vikas Sinha was arrested today by the Enforcement Directorate (ED) in Ranchi for his alleged role in hawala transactions and illegal investments.
Sinha, brother of another associate Binod Sinha, will be produced before a local court where the ED will seek his police remand before he is sent to the Directorate's regional headquarters in Patna.
Sources in the ED said he is allegedly involved in investing and routing Koda's money through hawala channels.
Sinha was arrested when he appeared before the ED. He is the first associate of Koda to be taken into custody by the authorities, among the eight people it has summoned for questioning in the multi-crore scam.
