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Bastawade sent to 14-day judicial custody

Posted on Jan 31, 04:16PM | IBNS

Ranchi, Jan 31 : A special court in Ranchi has sent alleged Jharkhand mining scam kingpin Anil Bastawade to 14-day judicial custody in connection to a multi-crore money laundering scam.

Amid tight security, the Enforcement Directorate (ED) officials produced Bastawade, who is reportedly a close associate of former Jharkhand Chief Minister Madhu Koda, before the court of Prevention and Money Laundering Act on Wednesday.

The case will be next heard on Feb 11.

On Tuesday, Bastawade was brought back from Indonesia to India.

He was arrested by ED officials as soon as he landed in New Delhi.

The Central Bureau of Investigation (CBI) alleged that in order to pay for coal mine contracts Bastawade had siphoned off more than Rs 250 crore from the Madhu Koda government.

Indonesian authorities had detained Bastawade in Jakarta city of Indonesia this month.

"On Tuesday (January 22), authorities had detained the scamstar in Jakarta following an Interpol notice against him on alleged money laundering charges," Times Now reported.