Coalscam: CBI files charge sheet against Rathi Steel & Power

CBI today filed a charge sheet in a special court in a coal scam case pertaining to a Delhi- based company Rathi Steel and Power Limited for allegedly giving false data about its land holdings and capacity to get a coal block in Chhattisgarh.
The company was allocated Kesla North coal block in Korba, Chhattisgarh on August 5, 2008.
The agency in its charge sheet filed before Special CBI Judge Bharat Parashar alleged that members of screening committee and company officials had connived and favour was show for allocation of the coal block to the company over other better placed applicants.

Special public prosecutor V K Sharma contended that the company did not have the recommendation of the state government for the allocation of the coal block and gave "false" information and data about its land holding and end-user plant in its correspondence with the Ministry of Coal (MOC).
"Fresh charge sheet has been filed. It be checked and registered. Part arguments have been heard. Matter be now put up on February 26, 2015 for consideration," the judge said.
On June 19, 2013, CBI had registered a FIR against the company naming its Chief Executive Officer Udit Rathi and other unknown person for alleged criminal conspiracy, cheating and for offences under the Prevention of Corruption Act.

CBI has alleged that the company in its application for coal blocks allocation had claimed that it was in possession of 250 acres of land whereas it had only 150 acres.
It also said that company had proposed to have 0.75 million tonnes per annum capacity for their steel plant, for which block was sought, whereas when it was allocated the capacity remained unutilised.