Coalgate: CBI files 2 new FIRs, raids 16 locations

The Central Bureau of Investigation (CBI) on Monday filed two fresh FIRs in the coal blocks allocations scam. Sources said that the agency was conducting searches at 16 locations in six cities in five states.

October 15, 2012 / 13:43 IST

The Central Bureau of Investigation (CBI) on Monday filed two fresh FIRs in the coal blocks allocations scam. Sources said that the agency was conducting searches at 16 locations in six cities in five states.

Also Read: CIL coal price pooling not acceptable to Bengal govt

Two of the companies that were raided during the searches were Green Infra and Kamal Steel. The two companies are accused of misrepresenting their net worth.

More details are awaited.

first published: Oct 15, 2012 10:25 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347