A special court convicted five persons, including former Union Coal Secretary HC Gupta and a firm, Vikas Metal Power Ltd, in connection with alleged irregularities in the coal block allocation case on Friday.
The court held all of them guilty of criminal conspiracy under multiple sections of the Prevention of Corruption Act, after which the accused were taken into custody.
The case pertains to alleged irregularities in the allocation of Moira and Madhujore (North and South) coal blocks in West Bengal to Vikas Metal Power Ltd. Gupta, who is said to have played a major role in the scam, has allegedly cleared at least 40 cases of coal mining rights in the past.
The court will pronounce the quantum of sentence on December 3.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app