22 September 2012

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Coalgate Scam - CBI registered Case against Grace Industries and Vikash Metals and Powers Limited

Coalgate Scam - CBI registered Case against Grace Industries and Vikash Metals and Powers Limited

India
Saturday

CBI today registered two fresh cases against two private companies Grace Industries and Vikash Metals and Powers Limited for alleged misrepresentation of their net worth and joint venture to illegally get coal blocks

The Managing Directors of these companies and unknown government officials have been charged with cheating, criminal conspiracy and under sections of Prevention of Corruption Act.

Earlier, the CBI had registered five cases this month in this connection.

The cases were registered against

1)  
AMR Iron & Steel Private Ltd

2)  
JLD Yavatmal Energy Ltd

3)  
Navbharat Power Private Limited

4)  
Vini Iron & Steel Udyog Ltd

5)  
JAS Infrastructure Capital Private Ltd

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Saturday, September 22, 2012

Tags - Coalgate Scam