CBI Charge Sheets Navabharat Power in Coal Scam Case

The agency said in order to \"embellish its claim for allocation of coal block\", the Navabharat Power Pvt. Ltd. \"fraudulently\" claimed that it was having the required net worth to get the coal mines.

Published: 10th March 2014 02:17 PM  |   Last Updated: 10th March 2014 02:41 PM   |  A+A-

coal_PTI
By IANS

The Central Bureau of Investigation (CBI) on Monday filed its first charge sheet in the coal block allocation scam case against the Navabharat Power Pvt. Ltd. and its two directors here.

The CBI named the company and its two directors - P Trivikrama Prasad and Y  Harish Chandra Prasad - as accused in the case.

They were formally charged in court under various sections dealing with cheating and criminal conspiracy.

The charge sheet was filed before Special CBI Judge Madhu Jain.

The CBI said in order to "embellish its claim for allocation of coal block", the Navabharat Power Pvt. Ltd. "fraudulently" claimed that it was having the required net worth to get the coal mines.

The agency added that inquiry also revealed that officials of the Coal Ministry in pursuance of criminal conspiracy, wilfully and purposefully, did not scrutinise the aforesaid documents regarding the false claims/concealment of facts by the company.

Navabharat Power Pvt. Ltd. was acquired by Essar power in 2010 and thus the company was facilitated in getting undue advantage in allocation of the Rampia and Dip Side of Rampia coal blocks.

 

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