Ranchi, Jan. 22: A Madhu Koda aide, on the run since August 2010, was detained today in Indonesia in connection with multi-crore money laundering charges against the former Jharkhand chief minister.
Anil Adinath Bastawade (48), against whom a red corner notice was issued by Interpol on CBI’s request, is alleged to have helped Koda channel his alleged illegal wealth into legitimate investments in various countries including Liberia, UAE, Indonesia, Singapore and Ghana.
On a petition filed by Enforcement Directorate (ED), non-bailable arrest warrants were issued by a special Prevention of Money Laundering Act (PMLA) court on August 23, 2010, against seven close aides of Koda in connection with the money laundering scam. They were Vijay Joshi, managing director of Indo Asahi Glass Factory, Ramgarh, hawala operators Anil Adinath Bastawade, Rohitash Krishnan, Ajay Amolchand Bafna and others.
The CBI had chargesheeted Koda in November 2010 in a designated court in Ranchi for possessing assets disproportionate to known sources of income.
Sources said since India already has an extradition treaty with Indonesia — signed in 2011 — efforts would be made to bring Bastawade to India.
“Bastawade will be first brought to New Delhi and finally produced before the special PMLA court at Ranchi, which had in August 2010 issued non-bailable arrest warrants against him,” the sources confirmed to The Telegraph.
According to a dossier compiled by ED, Rs 3,549.72 crore was laundered out of the state to various parts of the country as well as several foreign destinations between 2006 and 2008 when Koda was chief minister.
ED wants Bastawade’s custody to probe the alleged financial irregularities committed by Koda under PMLA when he was chief minister. The directorate suspects that the businessman made several investments in UAE and other foreign destinations on behalf of Koda and his associates.
The ED has named Bastawade in its chargesheet filed last year and has underlined his role in buying property in the UAE from the “criminal proceeds” generated by illegal activities conducted during the Koda’s tenure as chief minister.
ED has sent letters rogatory to Indonesia, Thailand, Sweden, Liberia and UAE to request information to corroborate evidence collected during investigation into the money laundering case.