CBI Commences Probe Into Illegal Export of Iron Ore

Published: 20th July 2014 09:21 PM  |   Last Updated: 20th July 2014 09:21 PM   |  A+A-


BELLARY (Karnataka): Central Bureau of Investigation has commenced investigations into illegal extraction and export of iron ore and has issued notices to several firms allegedly involved, CBI officials said.

"The CBI has commenced the inquiry into the illegal extraction and export of iron ore by issuing notices this week to several firms that exported iron ore," CBI officials said.

CBI has sought documentary details pertaining to extraction, transportation and export of iron ore, between April 1, 2006, and December 31, 2010, the officials said.

The firms have also been asked to depute a compliant person, conversant with the transactions to appear before the central investigating agency, they said.

The details sought include complete profiles of directors who were at the helm of affairs, between 2006 and 2010. The illegal export from Belekeri port in Uttara Kannada district had been exposed in 2011 by then Lokayukta, N Santosh Hegde, former Supreme Court Judge.

Hegde had said 7.74 million tonnes of iron ore were illegally exported between 2006-2007 and 2010-11, causing huge loss to the exchequer.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp