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CBI files chargesheet against Naveen Jindal in coal block allocation scam

| | Apr 29, 2015, at 11:50 pm
Ranchi, Apr 29 (IBNS): The Central Bureau of Investigation (CBI) on Wednesday filed a chargesheet against industrialist Naveen Jindal in connection with a coal block allocation scam in Jharkhand.

The CBI chargesheet also names former Jharkhand chief minister Madhu Koda and former Union MoS Dasari Narayan Rao.

Former coal secretary HC Gupta's name is also there in the chargesheet.

Jindal Steel & Power Ltd, Jindal Realty Pvt Ltd and four other firms have also been mentioned in the chargesheet.

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 had 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 had cancelled 214 coal block allocations between 1993 and 2008 sparing just four, which are government-run non-joint ventures.

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