The Jharkhand High Court on Thursday granted bail to former Chief Minister, Mr Madhu Koda, who has been in prison after his arrest over two years in connection with illegal investments and hawala transaction case.
Mr Koda, who faces at least five corruption cases, was granted bail in one of the cases by the single bench of H.C. Mishra.
He got bail in a case in which the CBI had filed charge sheet against him and others in a special court. In this case, the agency had accused them of allotting mining leases to some companies illegally. Mr Koda will continue to stay in judicial custody in other cases of corruption.
Mr Koda, who ruled the State between 2006 and 2008, was arrested by the officers of Jharkhand Vigilance Bureau from Chaibasa after the October 2009 countrywide raids by Income Tax and Enforcement Directorate in 69 premises.