Seizure / forfeiture
Madhu Koda: $500M moved in 2017
Convicted in the coal block allocation case at the centre of a mining scandal estimated at about ₹4,000 crore.
The figure
- Amount500,000,000 US dollars
- CategorySeizure / forfeiture
- CorridorRanchi, India → New Delhi, India
- Distance999 km apart
- Year reported2017
- Documentation confidence84/100
What that amount buys
$500M is roughly 7 long-range private jets, 1.2K median-priced US homes, or 6.2K years of median US household income.
Madhu Koda is publicly known as former chief minister of jharkhand. The arc drawn for this entry joins Ranchi and New Delhi because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.
Source
Reported by Wikipedia. Read the source record →