May 10, 2024 16:24 (IST)
CBI files FIR against Jindal Steel
New Delhi, Oct 19 (IBNS): The Central Bureau of Investigation (CBI) has registered a First Information Report against Jindal Steel & Power in connection with the coal block allocation case.
With this, the probe agency has registered the 36th FIR in the coal case.
JSPL, led by former Congress MP Naveen Jindal, has been booked under IPC sections 120B, 420 and 409.
It is among the several companies being probed by the CBI in the coal 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 Supreme Court recently cancelled 214 coal block allocations between 1993 and 2008 sparing just four, which are government-run non-joint ventures.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Helpful in context of current elections, reacts West Bengal CM Mamata Banerjee on interim bail granted to Kejriwal Fri, May 10 2024
Supreme Court grants Arvind Kejriwal interim bail in excise policy case till June 1 Fri, May 10 2024
Muslims to have 4 percent reservations in Andhra Pradesh: Jagan Mohan Reddy's 'final word' Fri, May 10 2024
Pakistan won't drop atom bomb if India respects them, says Congress veteran Mani Shankar Aiyar; BJP hits back Fri, May 10 2024
Hindu population in India on decline, Muslims grew: EAC-PM report Fri, May 10 2024
Pakistan won't drop bomb if India shows respect to them: Congress' Mani Shankar Aiyar Fri, May 10 2024