What the scam is about
Bribes being demanded by functionaries of the Jharkhand government and their aides for new or existing mining leases, and transfer postings
The key players
Madhu Koda and his close friend Binod Sinha, his brother Bikash Sinha, and two other brothers, Sanjay and Dhananjay Chowdhury. All four are businessmen, who were dealing with mining contracts.
When did it happen
Between 2005 and 2008. Madhu Koda was a mining minister in 2005, and from 2006-08, he was the chief minister, the country’s first independent MLA to hold that position, with the support of the Congress, Laloo Prasad Yadav’s Rashtriya Janata Dal, and Shibu Soren’s Jharkhand Mukti Morcha.
How the scam worked
1. The bribe money from miners, officials would be paid off to state and national politicians
2. Some of it would be routed through Mumbai-based hawala dealers and their shell companies to invest...