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ED attaches Rs 17.17-crore assets in coal scam case

ED attaches Rs 17.17-crore assets in coal scam case
New Delhi, Feb 15 (IANS) The Enforcement Directorate (ED) on Wednesday attached properties worth Rs 17.17 crore of Nagpur-based company Central Collieries and its Director Govinddas Daga in its ongoing probe in the coal block scam case.

"We attached both movable and immovable properties of Daga and Central Collieries Company Ltd under the Prevention of Money Laundering Act," an ED official said.

Taking congnisance of the existing FIR registered by the Central Bureau of Investigation (CBI), the Directorate in August 2014 had filed a fresh case against Daga and the Central Collieries.

 

Investigators said that Daga entered into a criminal conspiracy with unidentified public servants and submitted false information to the Coal Ministry while applying for Takli-Jena Bellora Coal Block in Chandrapur district of Maharashtra in the guise of captive power plant-cum-washery.

Daga and the Central Collieries later started selling the coal in open market to traders, which was against the policy of allocation of coal blocks.

The agency on Tuesday also attached properties worth Rs 78.25 crore of Nagpur-based B.S. Ispat Limited in the coal block allocation case.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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ED attaches Rs 17.17-crore assets in coal scam case

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.