Mining scam: Brothers duo Arjun and Sameer Salgaoncar held,

Image
Press Trust of India Panaji
Last Updated : Mar 09 2016 | 8:02 PM IST
Noted industrialist brothers from Goa, Sameer and Arjun Salgaoncar were arrested by the Special Investigation Team (SIT) today in connection with the illegal mining scam and later released on bail.
"Sameer and Arjun were summoned to appear before the Crime Branch this morning after which they were placed under arrest," Inspector General of Police, V Renganathan told reporters.
"Since they had already secured pre-arrest bail from court, they were released on (furnishing) surety," he said.
Sammer and Arjun are directors of Kantilal and Company,the iron ore exporter firm which was named by the Directorate of Mines and Geology in their FIR filed before the SIT.
Their father Anil Salgaoncar, who was also named in the FIR, died in Singapore recently.
The brothers were granted anticipatory bail by the Panaji district court on August 31, 2015.
An FIR was registered against them by SIT on September 15, 2014 under various sections of the Mineral Concession Rules, 1960, r/w section 21(1)(2) of the Mines and Mineral (Development and Regulation) Act, 1957 and section 2 r/w 3A of the Forest (Conservation) Act, 1980.
In their application seeking pre-arrest bail, Sameer and Arjun had claimed that neither them nor their firm had committed any offence.
According to police, Anil Salgaoncar, Arjun, Sameer and other directors of Kantilal and Company, along with former Urban Development Minister Joaquim Alemao and others allegedly extracted iron ore at Asni Donger, Curdi and Curpem in Sanguem taluka in illegal manner during 2006 and 2011.
"Police are also probing Alemao in connection with this case. SIT has almost completed their investigation into this case and chargesheet would be filed soon," a senior police official said.
*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: Mar 09 2016 | 8:02 PM IST

Next Story