Jharkhand coal scam case: Ex-CM Madhu Koda, others found guilty

Image
ANI New Delhi [India]
Last Updated : Dec 13 2017 | 1:40 PM IST

A special court on Wednesday convicted former Jharkhand chief minister Madhu Koda, former chief secretary H C Gupta, former Jharkhand chief secretary Ashok Kumar Basu and one other on corruption charges in a coal block allocation case.

The Delhi court will pronounce the quantum of punishment for the convicts tomorrow.

Reacting to the judgment, Council for Vibhav Tulsiyan, who has been acquitted in the case, N Hariharan said, " It is a very good judgment because as far as our accused are concerned, they have been acquitted. There have been four acquaintances in this.from day one we were not guilty and we proved it. Our trial was bona fide from the day one."

The coal scam had hit the headlines in 2012 after an audit by the national auditor revealed that the country has lost up to Rs 1.86 lakh crore due to inefficient allocation of coal blocks.

The court pronounced the verdict against former coal secretary HC Gupta and six other in the case related to alleged irregularities in the allocation of the Rajhara North coal block in Jharkhand to Kolkata-based firm Vini Iron and Steel Udyog Ltd (VISUL).

The CBI had alleged that the VISUL had applied for allocation of coal block in January 2007.

As per reports, it is said the 36th Screening Committee recommended the block to the VISUL's, not the Jharkhand Government and the Steel Ministry.

Gupta is said to have cleared at least 40 cases of coal mining rights and is said to have played a major role in the said scam.

The Central Bureau of Investigation (CBI) has claimed that Koda, Basu and two accused public servants conspired to favour VISUL in the coal block allocation.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Dec 13 2017 | 1:40 PM IST

Next Story