ED attaches Rs 17.17-crore assets in coal scam case

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IANS New Delhi
Last Updated : Feb 15 2017 | 8:23 PM IST

The Enforcement Directorate (ED) on Wednesday attached properties worth Rs 17.17 crore of Nagpur-based company Central Collieries and its Director Govinddas Daga in its ongoing probe in the coal block scam case.

"We attached both movable and immovable properties of Daga and Central Collieries Company Ltd under the Prevention of Money Laundering Act," an ED official said.

Taking congnisance of the existing FIR registered by the Central Bureau of Investigation (CBI), the Directorate in August 2014 had filed a fresh case against Daga and the Central Collieries.

Investigators said that Daga entered into a criminal conspiracy with unidentified public servants and submitted false information to the Coal Ministry while applying for Takli-Jena Bellora Coal Block in Chandrapur district of Maharashtra in the guise of captive power plant-cum-washery.

Daga and the Central Collieries later started selling the coal in open market to traders, which was against the policy of allocation of coal blocks.

The agency on Tuesday also attached properties worth Rs 78.25 crore of Nagpur-based B.S. Ispat Limited in the coal block allocation case.

--IANS

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First Published: Feb 15 2017 | 8:14 PM IST

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