"The Central Bureau of Investigation has filed a charge sheet against ex-Chief Minister of Jharkhand in the Court of Special Judge, CBI, Ranchi for possessing assets disproportionate to his known sources of income. His associate has also been chargesheeted along with him for abetting the offence," CBI spokesperson said in statement here today.
The official said Koda's assets and expenditure have been found to be disproportionate to the tune of approximately Rs.8.42 crore.
Koda, who was Chief Minister between 2006 and 2008, is facing allegations of amassing disproportionate assets besides alleged money laundering which is being probed by Enforcement Directorate.
Jharkhand Vigilance Bureau had registered an FIR on July 2, 2009, in a case of disproportionate assets involving Koda and some former state ministers.
The case was later transferred to CBI by Jharkhand High Court. The agency had alleged that the accused had acquired large number of properties and companies, within and outside the country out of this ill-gotten wealth.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)