The Enforcement Directorate (ED) has issued summons to officials of 16 companies in connection with the multi-billion rupee illegal mining scam in Goa.
The ED is probing the Rs.35,000 crore illegal mining scam in Goa in which bigwigs including politicians, bureaucrats and mining company owners are linked, according to Justice M.B. Shah, who headed a commission of inquiry into the scam last year.
According to a senior ED official, companies whose top officials have been issued summons were Jain Udyog Pvt Ltd, Goa Ispat, Mangal Iron Ore Private Limited, Mandovi Pellets Pvt. Ltd, Chowgule And Co. Pvt Ltd, Kamdhenu Ispat Pvt Ltd, Magnum Mineral Pvt Ltd, Agri Gold Exims Ltd, MMTC Ltd, K.B Steel Pvt Ltd, Omega Natural Resources Pvt Ltd, Sunrise Electromelt Pvt Ltd, Frost International Limited, Bharat Mines & Minerals Pvt Ltd, Canara Overseas Ltd and Bagadiya Brothers.
Besides, to probe the case further, the ED has summoned former director of mines and geology Arvind Lolyenkar. Lolyenkar is the only mid-level bureaucrat to have been arrested in connection with the scam.
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