HC
Jharkhand High Court Rejects Madhu Koda Plea to Recast Money-Laundering Charges
Nyaya Prep • Published • Updated • 3 min read
The Jharkhand High Court rejected former Chief Minister Madhu Koda’s attempt to alter charges in a money-laundering prosecution.
Justice Sujit Narayan Prasad held that the value alleged under the Prevention of Money Laundering Act need not correspond arithmetically with the amount quantified in a predicate-offence prosecution.
Background and legal issue
Koda argued that the alleged value of proceeds of crime in the PMLA case exceeded amounts described in proceedings concerning scheduled offences. He challenged the Special Court’s refusal to modify the charges.
Legal reasoning and context
Justice Sujit Narayan Prasad held that the value alleged under the Prevention of Money Laundering Act need not correspond arithmetically with the amount quantified in a predicate-offence prosecution. The different statutory inquiries cannot be reduced to a single matching calculation.
Legal effect and next step
The petition was dismissed and the trial on the existing charges may continue. The decision does not establish guilt or finally determine the quantum of illicit proceeds.
Act: Prevention of Money Laundering Act, 2002; CrPC
Section: Sections 3 and 4 PMLA; Sections 216 and 482 CrPC
Publisher report: Read original report
Nyaya Prep report prepared on 10 October 2026. Party allegations are attributed as such; no unpublished finding is assumed.
- PMLA and Proceeds of Crime
- 10 October 2026