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Supreme Court to examine coal scam report

Posted on Jan 15 2014 | IBNS

New Delhi, Jan 15 : The Supreme Court on Wednesday will examine the status report on the coal block allocation scam filed by the CBI on Monday last.

The Central Bureau of Investigation (CBI) on Monday filed a fresh status report in the coal scam in the Supreme Court and informed that it would file charge-sheet soon.

According to reports, the CBI has not found any criminality in 60 coal block allocations.

The agency is likely to recommend the removal of their names from the list of accused.

The CBI has completed its investigation into the coal block allocation scam, said reports earlier.

However, the CBI is yet to finish its investigations against Aditya Birla Group Chairman Kumar Mangalam Birla named in the scam.

The coal scam had sprung into headlines after the Comptroller and Auditor General's (CAG) report on coal block allocation estimated a loss of Rs 1.86 lakh crore to the national exchequer owing to irregular allocations.

The CAG named 25 private companies as beneficiaries of coal block allocations in various states. They included companies like Essar Power, Hindalco, Tata Power, Tata Steel and Jindal Steel and Power Ltd.

The allocations date back to the time when Prime Minister Manmohan Singh was holding the portfolio.

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