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CBI Registers Case 4 CIL MCL officials and 25 Firms

Coal News - Published on Mon, 23 Mar 2020

Image Source: CIL MCL CBI
The Central Bureau of Investigation has registered a case against four officials of Coal India Ltd subsidiary Mahanadi Coalfields Ltd and 25 companies in cases relates to the supply of coal through rail rake under Fuel Supply Arrangements, which caused a loss of INR 97 crore to MCL. The CBI said that the accused public servants allegedly abused their official positions by allowing supply of coal to the said companies without adhering to the provisions and terms and conditions of the FSAs, falsified the records of MCL and did not recover due performance incentives and compensation from the accused coal consumers.

CBI booked Kaberi Mukherjee then Chief Manager of MCL Finance, Anil Kumar Bhowmik then Senior Manager Finance, Deba Jyoti Chakraborty then Senior Manager Finance Sales and Srivalli Verraghanta then Deputy Manager Finance.

CBI also booked Talwandi Saboo Power Ltd, Vedanta Limited, ACC limited, Adani Power Ltd, Adani Power Maharashtra Ltd, Aarati Steels Ltd, Haldia Energy Ltd, Atibir Industries Co Ltd, BILT Graphic Products Ltd, JK Paper Ltd, JSL Ltd, Jindal Stainless, Jindal Steel and Power Ltd, Aryabrata Trading Pvt Ltd, Kohinoor Paper and Newsprint (P) Ltd, MSP Sponge and Power, IMFA, Utkal Manufacturing and Services Ltd, IFFCO, Emami Biotech Ltd and Factor Power Ltd.

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Posted By : Yogender Pancholi on Mon, 23 Mar 2020
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