JSPL denies allegations

Denying all charges against its chairman Naveen Jindal, Jindal Steel and Power Limited (JSPL) today said it was confident that it will stand vindicated at the end of the ongoing coal scam case in which the politician and industrialist has been summoned as an accused.
Jindal and 14 others, including former Minister of State for Coal Dasari Narayan Rao and ex-Jharkhand Chief Minister Madhu Koda, were today summoned as accused by a special court in Jharkhand's Amarkonda Murgadangal coal block allocation scam case.
Besides Jindal, Rao and Koda, the other seven individual accused summoned by the court are former coal secretary H C Gupta and six others -- Gyan Swaroop Garg, Suresh Singhal, Rajeev Jain, Girish Kumar Suneja, R K Saraf and K Ramakrishna Prasad.

The five firms which have been summoned as accused in the case are JSPL, Jindal Realty Pvt Ltd, Gagan Infraenergy Ltd, New Delhi Exim Pvt Ltd and Soubhagya Media Ltd.
In a statement JSPL said,"We deny all allegations made against our company and its management. We will be availing of appropriate remedy in accordance with law. We have full faith in our judiciary and are confident to come out clean during the process."
It said the allocation was made to the company on merits and all along the course of the investigation the company and its officials have fully cooperated with the authorities, and whenever asked, explained and provided all the supporting documents.