CBI REGISTERS FIVE SEPARATE CASES AGAINST PRIVATE COMPANIES AND OTHERS IN CONNECTION WITH FALSE CLAIMS MADE BY THEM IN COAL BLOCK ALLOCATION; CONDUCTS SEARCHES

Press Release
New Delhi , 04.09.2012

            The Central Bureau of Investigation has registered five separate cases against certain private companies, their directors and unknown public servants on 03/09/2012. The cases have been registered in connection with the allegations related to getting coal blocks allocated on the basis of misrepresentations and false claims in the applications, presentations and connivance/lack of due diligence on part of public servants. Promoters of some of these companies have allegedly sold their stakes in an irregular manner after allocation of coal blocks.

 

            Searches are being conducted today at 30 locations in 11 cities including Nagpur, Kolkata, Bhilai, Yavatmal, Raipur, Dhanbad, Ranchi, Hyderabad, Mumbai, Delhi (NCR), among others.

 

            A preliminary enquiry to examine the irregularities, if any, in the allocation of coal blocks during the period 2006-09 was registered on a reference from CVC, in June this year.

 

            Further investigation is continuing.

********