In a major blow to the former Chief Minister Madhu Koda ahead of Assembly elections in the State, Enforcement Directorate attached bank accounts and TDRs maintained by him with over half dozen banks in the state on Friday. According to the sources in the Directorate, the attachment of properties has been done under Section 5 of Prevention of Money laundering Act.
“The order of attachment was granted from New Delhi implementation on which, was done recently by the directorate,” said a source.
ED has been investigating a case under PMl Act against Koda under Sections 409, 420, 423, 424, 465, 120B of IPC and sections 7, 10, 11 and 13of Prevention of Corruption Act and has attached the movable assets to the tune of `27, 37, 167.