Indonesia-based hawala dealer Anil Vastawade and chartered accountant S K Naredi have emerged as key in the alleged money laundering case against Madhu Koda with investigators saying they were the main facilitators” for money transfers and property acquisitions by the former Jharkhand Chief Minister and his associates.
Officials in the Enforcement Directorate (ED) said that Vastawade — earlier based in Dubai — has been on their radar for several months. Two hawala dealers named in the case Arvind Vyas (already questioned) and Manoj Punamia (absconding) are known to have made huge transfers to Vastawade. Officials said they will soon request authorities in Indonesia to get Vastawade to join the investigation.
Sources said Naredi — questioned on November 2 — was instrumental in the arrest of key Koda associate Vikas Sinha who was questioned by the ED on Monday. During his interrogation, Naredi is said to have admitted that he servd as accountant for Koda and brothers Binod Sinha and Vikas Sinha. And that Rs 11.80 crore was the Sinhas’ “undisclosed income.
More : expressindia.com
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