Business Standard

AAP leader approaches CBI alleging 'over-invoicing' of coal

Image

Press Trust of India New Delhi
AAP leader Ashish Khetan today filed a compliant with CBI alleging massive "over-invoicing" of coal imports running into nearly Rs 29,000 crore by top power companies.

He said that through coal imports, a huge amount of money has been siphoned off outside India, which is not only "illegal" , but also a loss to the public exchequer.

"Over-invoicing of coal imports is a double whammy for the common man as artificially enhanced cost of coal is eventually passed on to consumers in the form of increased tariffs.

He said DRI is already investigating some companies in connection with the matter.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 13 2016 | 12:02 AM IST

Explore News