Its true that some files from 1993 to 2004 are missing. In a draft report issued in march 2012, the comptroller and auditor general of india cag office accused the government of india of allocating coal blocks. The draft report, stretching to 110 pagesfar more detailed and containing more explosive allegations than the toneddown final report of some 50. What the coal scam is all about the hindu businessline. Cbi files an fir against industrialist kumar mangalam birla and former coal secretary pc parakh. And the coal allocation scam is the biggest scam ever detected in the country as in this scam the country suffered a loss of 1. Coal scam the 5 companies cbi has registered firs against.
Coalgate coal allocation scam or coalgate is a major political scandal regarding the allocation of coal blocks to public sector entities and private companies, without competitive bidding. Yet, in spite of this common origin, the cases are divergent due to. It is a political scandal that was surrounded by the upa govt. Press trust of india september 2012 unearthed a scam that involved bureaucrats, political leaders and several ministers from the ruling political party. The multibillion dollar coalgate scandal is back in the headlines as the cbi filed a fresh fir against industrialist kumaramangalam birla and former coal secretary p c parakh. In a new twist, coal minister sriprakash jaiswal today admitted that some files related to the coal block allocation scam are missing. Find coalgate scam news headlines, photos, videos, comments, blog posts and opinion at the indian express.
There was a huge political row over this case with several bureaucrats and leaders under the upa regime coming under the scanner. The email contains a link that purportedly unlocks the pdf content. Thereafter, furtheradditional counter affidavits have also been filed by. Govt admits files are missing in coalgate scam 17 aug, 20, 09. Also known as the coalgate scam, the comptroller and auditor general of india cag found that the government exchequer had to bear a. Special judge bharat parashar said the cbi miserably failed to prove the charges against the accused gupta. The cbi on monday registered two fresh cases in the coalgate scam against two private companies for allegedly misrepresenting the.
These 10 biggest scams in india will make you hang your. Coalgate scam latest breaking news, pictures, photos and video news. Coal allocation scam is a political scandal concerning the indian governments. In a draft report issued in march 2014, the comptroller and auditor general of india cag office accused the government of india of allocating coal blocks in an inefficient manner during the period. Coal allocation scam or coalgate is a major political scandal concerning the indian. Coal minister sriprakash jaiswal has admitted that some crucial files between 1993 and 2004, related to the scam, have gone missing. The true cost of coalgate cag pulls govt out of coal scam fire for the arbitrary distribution of coal blocks, a wide swathe of the political and business class is responsible. The one big similarity between the two is the starting point of the scam. How the phishing scam works when a victim clicks the link, the default pdf viewer is invoked. The coal scam, or whats popularly called the coalgate, first came to light when indias audit watchdog, the comptroller and auditor general of india, raised the issue of inadequacies in the. Rajiv bhatnagar is a partner in the dispute resolution practice group in the new delhi office. Central government to file appropriate counter affidavit justifying allocation of coal blocks. Security experts are warning of an active phishing campaign that utilizes pdf attachments in a novel ploy to harvest email credentials from victims.
Coalgate scam probe reaches pmo vinay kumar new delhi. Some crucial coalgate files missing, admits minister. As many as 157 files, crucial evidence for the cbi probing the scam, have gone missing including those containing minutes of screening. The bureaucracy, in any case risk averse, became even more conservative in terms of making commitments on the file.
Coalgate scam in india read the article about coalgate scam summary and complete details explained with scam history, main accused and its impact on indian economy. Coal allocation scam or coalgate, is a political scandal concerning the indian governments allocation of the nations coal deposits to public sector entities pses and private companies. Last week, mint reporters tried to track down 93 small, midsized and obscure companies that have been allocated coal blocks by the. By decision of the fifth congress, this report has been edited for publication. Rajiv has substantial experience of handling civil and commercial disputes and specialises in. Coalgate explodes the draft report overview the cag report is a performance audit focusing on the allocation of coal blocks and the performance of coal india in the 200509 period. Missing files put coalgate probe in limbo 19 aug 20 the cbis probe into the coalgate scam has hit a roadblock as many files missing from the coal ministry pertain to regular cases and. Coalgate, as it was popularly known snowballed into a huge political scandal which pulled top leaders and bureaucrats from the previous upa regime into the probe. The coal allocation scam, popularly known as coalgate in media. A report by the comptroller and auditor general of india showed inefficient and possibly illegal allocation of coal blocks between 2004 and 2009. The agency would also give a status of the preliminary enquiry registered by it in connection with the missing files, the sources. Read more about 7 things you wanted to know about coalgate on business standard. Experts warn of novel pdfbased phishing scam threatpost. It further ordered the cbi director to file an affidavit by 26 april stating that.
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