Help Desk -
9958816305, 9810335381
Email
Password

ED Files Supplementary Charge Sheet against JIPL & Directors

Coal News - Published on Thu, 30 Jul 2020

Image Source: Jharkhand Ispat
The Pioneer reported that Enforcement Directorate investigating coal block allotment scam has filed a supplementary charge sheet against Jharkhand Ispat Pvt Ltd and two its directors namely Ram Swarup Rungta and Ram Chandra Rungta committing money laundering to purchase 25.54 acres land in Ramgarh assets worth INR 3.93 Crore. The said land property was attached by the ED in February last year under provisions of the Prevention of Money Laundering Act. The supplementary charge sheet was submitted before a special PMLA court at Rouse Avenue Court in New Delhi.

ED lodged the FIR against the company and its director in April 2014 on the basis of FIR lodged by the CBI.

Notably, in March 2016, JIPL and its directors were held guilty by the special CBI court, New Delhi for misrepresentation of facts and forging the documents to get coal block at North Dadu in North Karanpura in 2006 in Jharkhand. The company is engaged in the sponge iron business. They were awarded four years of rigorous imprisonment. Both of them were granted bail by the court.

Source :

Posted By : Yogender Pancholi on Thu, 30 Jul 2020
Related News from Coal segment