Former Jharkhand chief minister Madhu Koda, who is one of the accused in the coal scam, has been granted bail by a special court on a personal bond of Rs. one lakh and on the condition that he would not leave the country.
The court's decision came even as the Central Bureau of Investigation (CBI) opposed the bail plea, accusing Koda and seven others of conspiring and abusing their positions to favour the allocation of coal blocks.
Koda along with former Jharkhand chief secretary Ashok Kumar Basu and six others had been chargesheeted by the CBI in connection with the scam.
All the accused were chargesheeted for the offences criminal conspiracy, cheating under the provisions of the Prevention of Corruption Act.
The case pertains to allocation of coal blocks to ViniIron and Steel Udyog Ltd. in Jharkhand's Rajhara town in which its directors and unknown public servants of the Ministry of Coal, Government of Jharkhand and others were made accused in the FIR lodged by the CBI in September 2012.
