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Coal scam: CBI files 20th FIR

Coal scam: CBI files 20th FIR

| | 23 May 2014, 12:38 pm
Mumbai, May 23 (IBNS) The Central Bureau of Investigation (CBI) on Friday filed its 20th First Information Report (FIR) in the coal blocks allocation scam.

According to reports, the CBI named Nagpur-based company Jayaswal Neco Industries in the FIR.

The coal scam had sprung into headlines after the Comptroller and Auditor General's (CAG) report on coal block allocation estimated a loss of Rs 1.86 lakh crore to the national exchequer owing to irregular allocations.

The CAG named 25 private companies as beneficiaries of coal block allocations in various states. They included companies like Essar Power, Hindalco, Tata Power, Tata Steel and Jindal Steel and Power Ltd.

The allocations date back to the time when Prime Minister Manmohan Singh was holding the portfolio. 

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