Politicians, bureaucrat, businessman and others charged with criminal conspiracy in coal scam case in India

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This is the second judgement to come in the coal block allocation scam case.

IndiaCSR News Network

NEW DELHI: A special CBI court set up to exclusively deal cases related with coal scam, here in Delhi on Friday, April 29, 2016 framed corruption, cheating and criminal conspiracy charges against former Jharkhand Chief Minister Madhu Koda, ex-minister of state for coal Dasari Narayan Rao, former coal secretary H C Gupta and steel tycoon & congress leader Naveen Jindal, and others in the 2008 Amarkonda Murgadangal coal block allocation scam case.

coal-scamFive companies involved in steel and mining business- Jindal Steel and Power Ltd, Jindal Realty Pvt Ltd, Gagan Infraenergy Ltd (formerly known as GSIPL), Sowbhagya Media Ltd and New Delhi Exim Pvt Ltd – are also accused in the case.

Besides them Rajeev Jain, Director of Jindal Realty Pvt Ltd; Girish Kumar Suneja and Director of Jindal Realty Pvt Ltd; Radha Krishna Saraf, Directors of GSIPL; Suresh Singhal, Director of New Delhi Exim Pvt Ltd; K Ramakrishna Prasad, Managing Director of Sowbhagya Media Ltd and chartered accountant Gyan Swaroop Garg are also other accused in the case. These accused are currently out on bail.

The special coal scam court will have further hearings before a final decision is taken. The court has fixed May 11, 2016 for formal framing of charges against the accused.

Also read: CBI court convicts JIPL and Its Directors R.S. Rungta, R.C. Rungta in Coal scam

This is the second judgement to come in the coal block allocation scam case.

Court had alleged that politician Madhu Koda had favoured Jindal Steel and Power Ltd (JSPL) and Gagan Sponge Iron Private Ltd (GSIPL) – in allocation of Amarkonda Murgadangal coal block in Jharkhand when he was Chief Minister in the year 2008.

The CBI had filed a chargesheet in the case on April 30, 2015, alleging that the accused committed offences under Sections 120 B (criminal conspiracy) read with 420 (cheating) of the IPC and 13(2) read with 13(1)(d) of the Prevention of Corruption Act.

In its order on framing of charges in the case, Special Judge Bharat Parashar held that prima facie evidence shows that all the accused conspired to get the allocation of the coal block in favour of the two Jindal group companies.

Earlier, during arguments on framing of charges, all the accused claimed innocence and said that there was no evidence which showed that they were in any conspiracy during the coal block allocation.

Last month, In March the special court awarded four year jail term to R C Rungta, Chairman and R S Rungta, director in Jharkhand Ispat Private Limited (JIPL).

The court also imposed Rs 5 lakh fine on each of the convicts held guilty for deceiving and defrauding the government to bag a coal block in Jharkhand. A fine of Rs 25 lakh was also imposed on the company JIPL.

The CBI had started probe on allotment of coal, after a Comptroller and Auditor General report in 2012 alleged Rs 1.86 lakh crore windfall gain to companies. A special CBI court was set up to exclusively deal cases related with coal scam.

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