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Showing posts from December 15, 2017

Coal scam: Madhu Koda, HC Gupta, others pronounced guilty by CBI court

The Financial Express, By FE Bureau, December 14, 2017 Three years after filing of the charge sheet by the Central Bureau of Investigation in the coal block allotment case, a special CBI court on Wednesday convicted former Jharkhand chief minister Madhu Koda and former coal secretary HC Gupta for corruption and criminal conspiracy. The court held Koda, Gupta and other accused persons, including ex-Jharkhand chief secretary AK Basu and the Kolkata-based private company Vini Iron and Steel Udyog (VISUL), guilty of criminal conspiracy in allocating the Rajhara North coal block in Jharkhand to the firm. The court will hear arguments on the quantum of punishment on Thursday. With this verdict, four of the 30 cases arising out of the coal block allocation scam unearthed during the previous UPA regime have been decided. Gupta, along with other serving bureaucrats, had been convicted by the special court in another case related to coal block allocation in May this year. The case related