RC Rungta group-promoted Jharkhand Ispat has come under the Central Bureau of Investigation (CBI) scanner. The investigation agency has named Ram Chandra Rungta and Ram Swarup Rungta in a FIR filed against Jharkhand Ispat Private limited in the alleged coal block allocation scam.
CBI also conducted searches in official premises of the company across five cities, including Delhi, Kolkata, Ranchi, Hazaribagh and Varanasi today, CBI press statement said. Senior CBI official said that this is the tenth case in the ongoing enquiry into the coal block allocation scam.
This is the tenth FIR registered by CBI as a part of its ongoing probe into the coal block allocation matter. An e-mail sent to the company seeking comment remained unanswered.
The government had allocated North Dhadu coal block to Jharkhand Ispat in January 2006. Coal from the block was meant for firing the company’s nearby sponge iron plant. But the government in NOvember last deallocated the block due to slow progress on its development.
CBI had begun investigating the alleged irregularities in allocation of coal blocks in September last year. The agency now has three preliminary inquiries going on covering allocation of coal blocks from 1993 onwards. It has obtained 700 files running into over 160,000 pages. The probe had followed a complaint by BJP Member of Parliament (MP) Hansraj Ahir to the Central Vigilance Commission (CVC). The Comptroller and Auditor General of India (CAG) had said, in a report tabled in Parliament in August last year, that the government may have extended undue benefits worth Rs 1.86 lakh crore in allocation of blocks.
CBI also conducted searches in official premises of the company across five cities, including Delhi, Kolkata, Ranchi, Hazaribagh and Varanasi today, CBI press statement said. Senior CBI official said that this is the tenth case in the ongoing enquiry into the coal block allocation scam.
This is the tenth FIR registered by CBI as a part of its ongoing probe into the coal block allocation matter. An e-mail sent to the company seeking comment remained unanswered.
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Companies booked by CBI so far include JAS Infrastructure Capital Pvt Ltd, AMR Iron and Steel Pvt Ltd, JLD Yavatmal Energy Ltd, Navbharat Power Ltd, Vini Iron and Steel Udyog Ltd, Grace Industries Ltd, Vikash Metal and Power Ltd, Green Infrastructure Ltd and Kamal Sponge Steel and Power Ltd.
The government had allocated North Dhadu coal block to Jharkhand Ispat in January 2006. Coal from the block was meant for firing the company’s nearby sponge iron plant. But the government in NOvember last deallocated the block due to slow progress on its development.
CBI had begun investigating the alleged irregularities in allocation of coal blocks in September last year. The agency now has three preliminary inquiries going on covering allocation of coal blocks from 1993 onwards. It has obtained 700 files running into over 160,000 pages. The probe had followed a complaint by BJP Member of Parliament (MP) Hansraj Ahir to the Central Vigilance Commission (CVC). The Comptroller and Auditor General of India (CAG) had said, in a report tabled in Parliament in August last year, that the government may have extended undue benefits worth Rs 1.86 lakh crore in allocation of blocks.