Coal scam: Ranjit Sinha indicted by SC panel
Hindustan Times reported that the panel said it appeared prima facie that former CBI director Ranjit Sinha had tried to influence investigations in an alleged scam involving government allocations of coalfields.
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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