Coal news and updates

Coal scam: CBI registers fresh FIR against Jindal Steel & Power

CBI has registered a fresh case in the coal scam against Jindal Steel and Power in the coal scam, months after it had booked the same company and its owner and Congress Member Naveen Jindal in the same scam, which is under probe.

CBI has not named Naveen Jindal in the present FIR. The fresh case has been registered against Jindal Stripes Limited, Jindal Steel and Power Limited (JSPL) and unknown public officials for alleged criminal conspiracy and cheating under the Indian Penal Code and provisions of the Prevention of Corruption Act, CBI said.

JSPL said it had not flouted the law in any manner.

"JSPL reiterates that all its actions are in keeping with the legal framework of the country & that it complies with the law in letter and in spirit.

JSPL continues to cooperate with all the authorities in a responsive manner," a JSPL spokesperson said in a statement. CBI said it is the 36th FIR in connection with its probe into the coal blocks scam and searches have been conducted at four locations in Raigarh and Chhattisgarh. "This is regarding the allocation of Gare Palma IV/1 coal block to Jindal Strips ltd and Jindal steel and power limited. Allegations pertain to irregular mining lease beyond approved area, excess coal mining, sale of  ..

Source: The Economic Times