Coal news and updates

Nagpur-based coal contractor booked for filing Rs 1.5 crore fake bank guarantee

Wani police on Friday booked a Nagpur-based coal contractor for filing fake bank guarantee to the tune of Rs 1.5 crore for getting the work in the Ghonsa coal field under Wani North Area sector of Western Coal Limited (WCL).

According to police sources, Sandeepsingh Tejpalsing Arora, the director of BNS Infra, bagged the work after furnishing a bank guarantee of Rs1,45,73,548 to WCL.

An enquiry conducted by senior WCL officials found that the accused allegedly forged the name of the bank manager and his signature on the fake bank guarantee.

Wani North Area Manager Pavankumar Laxmikant Mishra has lodged a complaint with the Wani police station. The police have booked Arora under sections 420, 467, 468 and 471 of the IPC.

Wani police confirmed the receipt of the complaint and said that they would arrest the accused if they find any evidence against Arora.
 
Source: The Times of India