The Central Bureau of Investigation (CBI) has filed an FIR against the Jindal Group in the coal scam. The FIR names Congress MP Naveen Jindal and former Minister of State for Coal Dasari Narayan Rao.
The FIR has accused Jindal and his company Jindal Power and Steel Ltd of misrepresentation of networth and concealing previous allotment. They are also charged with cheating and forgery.
CNBC-TV18’s Anshu Sharma reports that CBI has also registered case against Jindal Realty and Gagan Sponge. CBI is currently raiding at 15 places that includes Delhi and Hyderabad. These cases were filed after the Comptroller and Auditor General (CAG) pointed that there has been windfall gain of about Rs 1.86 lakh crore by allocation of coal blocks.
Also read: JSPL tanks 24% on FIR against company in coal scamThis is the twelfth FIR filed in the coal scam and the investigative agency is reportedly conducting searches at 19 places in Delhi, Hyderabad and Kolkata.
The Congress MP's residence and head office in Delhi are also being raided in connection with the coal scam.
The Naveen Jindal group was allotted a total of 11 blocks, making it the single largest beneficiary of the controversial coal block allotment.
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