CBI registers two fresh cases in coal scam

Tags: CBI, coal scam, News
CBI today registered two fresh cases against Central Collieries Company Limited and Prakash Industries for alleged irregularities in allocation of coal blocks between 2006-09.

Immediately after registering the cases, CBI conducted searches at various places including the premises of the companies named in the FIR.

The agency said that searches were being conducted in Delhi, Nagpur, Mumbai and Chhattisgarh.

With the registration of two more cases, the number of cases lodged by CBI to probe alleged misappropriation in coal blocks allocation has gone upto 18.

The allegation against Central Collieries Company Ltd was that it sold coal in the open market against the concept of captive allocation of coal blocks for a specified end use.

The case has been registered under sections of the Indian Penal Code dealing with forgery and criminal breach of trust, CBI said.

In the second case, CBI alleged that Prakash Industries had misrepresented facts about the net worth of the company while applying for coal blocks.


  • Monetary policy review needs to look beyond key policy rate

    After changes in the interest rate cycle direction, expectation of some action on rates is high before every monetary policy review of the Reserve Ban


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Arun Kumar Jain

India in a new age work order

There are three broad categories of people in the world ...

Rajgopal Nidamboor

The balancing act of nature

It’s a fact of modern life that you and I ...

Dharmendra Khandal

For a lark, let's do something serious finally

It’s a sight to behold. As you drive through a ...


William D. Green

Chairman & CEO, Accenture