New Delhi: The Income Tax have raided former Jharkhan Chief Minister Madhu Koda over 70 premises of across the country. This oprtation were conducted by 400 officials, included Bihar,Jharkhand, Kolkata, Mumbai and Delhi. He is a sitting MP of Lok Sabha.![images[24]](http://www.livenews4u.com/wp-content/uploads/2009/11/images24.jpg "images[24]")
South Africa, Singapore, India, Thailand, Liberia and Dubai are the countries where Madhu Koda has investments. Prevention of Money Laundering Act (PMLA) have been charged against him and his colleagues Kamlesh Singh, Bandhu Tirkey and Bhanu Pratap Singh are being accused of laundering more than Rs 700-800 crore.
Modhu Koda was the first independent MLA in the country to become Chief Minister.
He was mines minister in Arjun Munda ministry later with the help of JMM, RJD and CONGRESS he become Chief Minister of the state. As Shibu soren was given clean chit by CBI, Shibu soren was egger to become head of the state but the bad luck of Shibu soren he lost by polls and Jharkhand Assembly was put under suspended animation.
His main investment is in mines in LIberia and mines in South Africa, $1700,000 and 4000 crore respectively
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