Coalgate: CBI registers two more cases news
22 September 2012

The Central Bureau of Investigation (CBI), which is looking into allegations of corruption in the allocation of coal blocks, today registered cases against two private companies even as the agency carried out searches at seven locations across the country.

CBI registered cases against Grace Industries and Vikash Metals and Powers Limited for illegally securing coal blocks by alleged misrepresentation of their net worth and joint venture.

The investigating agency has registered cases against the managing directors of the two companies and unnamed government officials for cheating, criminal conspiracy and for some other offences under sections of Prevention of Corruption Act.

CBI is also carrying out raids at seven locations in Kolkata, Nagpur, Purulia and few other places in the case, sources said.

With this the number of cases registered by the CBI in the coal allocation scam has risen to seven.

The agency had registered cases against AMR Iron & Steel Private Ltd, JLD Yavatmal Energy Ltd, Navbharat Power Private Limited, Vini Iron & Steel Udyog Ltd and JAS Infrastructure Capital Private Ltd, early this month, in this connection.

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Coalgate: CBI registers two more cases