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          Ranchi, June 3 (IANS) Former Jharkhand chief minister Madhu   Koda, who is in jail in a graft case, allegedly waived off Rs.10 crore   electricity bill of a private cement factory which was owned by one his close   associates, a Central Bureau of Investigation (CBI) source said   Friday.The matter came to light while the CBI was conducting   investigations into contracts awarded for rural electrification and bills waived   off by the Jharkhand State Electricity Board (JSEB) during Koda's regime from   September 2006 to August 2008.
 |  "We have come across many misdoings that took place in power and mines   department during Koda's regime. We came across a case of waiving off Rs.10   crore electricity bills of a cement factory owned by a close associate of Koda,"   a CBI source told IANS.
 According to the source, the JSEB waived off   Rs.10 crore of an ailing cement factory reportedly acquired by Vinod Sinha. Koda   allegedly waived off the bill in his capacity as in-charge of   power.
 
 Sinha is also in jail for more than eight months.
 
 "It is   surprising that nearly Rs.80 crore electricity bills of different companies,   including Rs.10 crore of a cement factory, have been waived off by different   governments in the last 10 years. This, despite the fact that the JSEB every   year suffers loss of more than Rs.1,000 crore," said an official of the   JSEB.
 
 Koda was arrested in November 2009 in a graft case. He is also at   centre of a Rs.2,500 crore money laundering scam.
 
 
 
      
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