Home / Latest News / Special Court holds Former Jharkhand CM Madhu Koda guilty of Criminal Conspiracy and Corruption in Coal Scam case.

Special Court holds Former Jharkhand CM Madhu Koda guilty of Criminal Conspiracy and Corruption in Coal Scam case.

December 13,2017:

CBI had alleged that VISUL had applied for the allocation of Rajhara North coal block on January 8, 2007. Although Jharkhand Government and the Steel Ministry did not recommend VISUL’s case for the coal block allocation, 36th Screening Committee recommended the block to accused firm.

Madhu Koda
Madhu Koda

On Wednesday, a Special Court pronounced Former Jharkhand CM Madhu Koda and three others guilty of the Criminal Conspiracy and corruption in Coal Scam case.

Special CBI Judge Bharat Parashar held that Koda, Ex-Coal Secretary HC Gupta, Former Jharkhand Chief Secretary Ashok Kumar Basu and another public servant had conspired to favour Vini Iron and Steel Udyog Ltd (VISUL) in the allocation of Rajhara North coal block in Jharkhand.

Quantum of punishment for all the four accused will be announced on Thursday.

Special Court, has however, acquitted the four persons, VISUL’s Director Vaibhav Tulsyan and two other public servants Basant Kumar Bhattacharya and Bipin Bihari Singh and Chartered Accountant Navin Kumar.

CBI further stated that Gupta, who was the Chairman of Screening Committee, had allegedly concealed facts from then Prime Minister Manmohan Singh, who had been heading Coal Ministry as well, that Jharkhand had not recommended VISUL for allocation of a coal block.

Special Court took cognizance of the alleged offences under Section 120-B (criminal conspiracy) read with Section 420 (cheating) and Section 409 (Criminal Breach of trust by the Public Servants) of Indian Penal Code and under the provisions of Prevention of Corruption Act.

Facebook Comments

Check Also

President Ram Nath Kovind

President Kovind gives assent to Fugitive Economic Offenders Ordinance, 2018

April 22,2018: President Ram Nath Kovind has given assent to promulgation of Fugitive Economic Offenders Ordinance, 2018, giving authorities the powers to attach and confiscate proceeds of crime and properties of economic offenders like bank fraudsters or loan defaulters fleeing ...

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest laws

Join our mailing list to receive the latest laws news and updates from our team.