Thursday, November 19, 2009

Madhu Koda's net assets worth nearly Rs 1 crore

N
ew Delhi, Nov 19 (PTI) Former Jharkhand Chief Minister Madhu Koda, facing charges of money laundering of over Rs 2,000 crore, had put his net assets at nearly Rs one crore at the time of the Lok Sabha polls.

In 2005, Koda had movable assets worth Rs 13 lakh, and by 2009, they rose to over Rs 94 lakh. His immovable assets also doubled to over Rs four lakh during this period.

These disclosures were made by Koda himself -- first in the affidavit he filed with the Election Commission at the time of contesting the Assembly elections in 2005 and then earlier this year when he fought the Lok Sabha polls.

Koda won on both the occasions -- from Jagannathpur in 2005 and Singhbhum this year as an Independent candidate.

According to the affidavits, his cash holding of about Rs 30,000 in 2005 also rose to Rs 13.

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