August 22, 2026 06:07 am (IST)
Follow us:
CBI drops charges against Kumar Mangalam Birla in "Coalgate" case
New Delhi, Aug 29 (IBNS) Prominent industrialist Kumar Mangalam Birla breathed a sigh of relief on Friday after the Central Bureau of Investigation (CBI) decided to drop charges against him in the infamous "Coalgate" scandal.
According to media sources, the central investigation agency filed its closure report on KM Birla and 11 others in the Supreme Court on Thursday.
Media reported that the CBI in its report has said that it has found "no evidence of criminality" against the Chairman of Aditya Birla Group.
Kumar Mangalam was in the midst of the scandal after allegations were leveled that he colluded with a former top coal ministry bureaucrat, PC Parkah, to illicitly land a coal block for Hindalco, part of the $40 billion Aditya Birla Group.
The case against Birla and Parakh, who retired as Coal Secretary, was filed last year.
The agency had registered a first information report in October 2013 against the industrialist.
The incident sparked a big controversy. Industry leaders condemned the fact and termed the allegations against Birla baseless.
But, the incident was finally put to rest on Friday with the CBI dropping charges against him giving the entrepreneur a clean chit.
It has been learnt that CBI has said, it would like to end its investigation against KM Birla. Along with Kumar Mangalam, the agency also gave clean-chit to PC Parakh and 10 others.
The Supreme Court will hear the matter on Monday next. It will also decide whether to cancel the coal licenses, or to impose some sort of penalty.
Earlier, the top court on last Monday in a landmark judgement quashed the allocation of more than 200 coal blocks by different governments since 1993 by terming them "illegal".
The court has ruled, "No system was followed while deciding the allocations. It was all arbitrary and based on favouritism."
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
Cockroaches, flies, chemicals near food: Mumbai FDA suspends licences of top eateries, clubs
Fri, Aug 21 2026
India dismisses Pakistan's 'frustration' over US envoy's J&K remark
Fri, Aug 21 2026
Centre denies US visit clearance to Telangana CM Revanth Reddy, says programmes 'not appropriate'
Fri, Aug 21 2026
Indian Navy gets major boost as indigenous anti-submarine warfare ship ‘Mangrol’ delivered
Fri, Aug 21 2026
India’s space push gets rocket boost! PM Modi meets 20 startup CEOs
Fri, Aug 21 2026
Rahul Gandhi stages dharna at Delhi police station over CJP protest crackdown, targets Amit Shah
Fri, Aug 21 2026
CJP school tour turns chaotic in Jaipur: Cars vandalised, stones pelted as Ashutosh Ranka alleges BJP ‘goons’ attack
Fri, Aug 21 2026
Trump’s ‘Economic D-Day’ against Iran: What it means for India
Fri, Aug 21 2026