Madhu Koda (born 6 January 1971) is an Indian politician who had served as the Chief Minister of Jharkhand from 2006 to 2008 (UPA alliance).

Koda is the third independent legislator to assume the office of chief minister of an Indian state, including Bishwanath Das in Orissa in 1971 and Flinder Anderson Khonglam in Meghalaya in 2002.

His wife Geeta Koda, MP from West Singhbhum district is among the six MLAs representing smaller regional parties led by Hemant Soren formed on 13 July 2013.

He contested as an Independent candidate and won from Jaganathpur once again, defeating his nearest rival from the Indian National Congress by over ten thousand votes.

[13] Then Arjun Munda of BJP-led NDA became the CM, whom Koda supported and he was appointed the Minister of Mining Geology and Cooperative.

He was defeated by Gopal Krishna Patar of Jharkhand Party, now a MLA from JD(U) – a constituent of NDA – by a margin of 9,062 votes.

[24] In the next assembly elections of Jharkhand held 25 November 2009, his wife Geeta Koda won from his constituency Jaganathpur from Jai Bharat Samanta Party, the results of which were declared on 23 December 2009.

It was alleged by investigative agencies that Madhu Koda took huge bribes for illegally allotting iron ore and coal mining contracts in Jharkhand when he was the chief minister of the state.

[27] A special money-laundering court in Delhi attached Koda's properties worth ₹144 crore (US$17 million) in a disproportionate assets case against his alleged associates.

Some of the attached assets also belonged to Anil Adinath Bastawde, who was arrested by the ED in January 2013 from Jakarta and Manoj B Punamiya, an associate of Koda and an accused in the case.

[28] In December 2017, the court of justice Bharat Parashar convicted Madhu Koda and awarded him a three-year jail term and imposed a fine of ₹25 lakh (US$29,000).