He was released after furnishing two bonds of Rs one lakh each and depositing his passport with the special CBI court here as directed by the high court.
The Jharkhand high court had yesterday granted him the bail in connection with rural electrification scam.
"I have faith in the judiciary, and I will establish my innocence," Koda told reporters after coming out from the Birsa Munda jail, where he was lodged in judicial custody from November 30, 2009.
Koda was the head of the UPA government, which was supported by Congress, RJD and JMM, between 2006 and 2008 when according to the ED/CBI/IT the alleged scams surfaced.
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