ramanan50

Coal Scam Official Reveals Details,UPA Minister to be Arrested

In Corruption, India on September 24, 2012 at 21:16

 

Early in December 2011, Dr.Subramanian Swamy sniffed the scam.

Anti-corruption crusader and Janata Party (JP) president Subramanian Swamy on Thursday referred to a ‘mining scam’ in Goa and said that when present homeminister P Chidambaram was the finance minister between 2004 and 2007, he fiddled with export duties on mining ore so that mining companies like Vedanta reaped huge profits.

On a visit to Goa, Swamy addressed mediapersons and said the scam is worth around 16,000 crore. When he gets more time from his present engagement with the 2G scam, he will pursue the issue against Chidambaram, Swamy said.

The JP chief praised the movement spearheaded by Anna Hazare and expressed his willingness to join it, but said that Hazare and his team were focused totally on one piece of legislation – the Jan Lokpal bill.

Swamy said that he has proved that even without the Jan Lokpal bill, his Action Committee Against Corruption in India (ACACI) can get results, as evident from the results in the 2G scam so far.

He said the ACACI is now focusing on money stashed abroad. It has already given a 15-page complaint to the CBI asking it to file an FIR. “But the CBI has not filed the FIR even after one month. If and when it does, the ACACI will take the FIR to a criminal court and get a letter-rogatory. With that letter, the ACACI will go abroad and obtain details about the money stashed in foreign countries,” Swamy said.

He said that while the ACACI has provided names of politicians who have such foreign bank accounts, the French government has provided 788 names of Indians and the German government provided 16 such names.

“But the government of India is not prosecuting these people. If the CBI does not file the FIR by January 1, I will go to the Supreme Court asking it to direct the CBI to do so, like I did in the Raja case when the Prime Minister did not give me sanction,” Swamy said.

He said he has filed 17 files corruption cases against Chidambaram. These include irregularities in stock market and various other cases. “But my busy engagement with present cases is preventing me from pursuing the case”

http://janamejayan.wordpress.com/2011/12/24/subramanian-swamy-sniffs-mining-scam-in-goa/

Now, the scam that involves Rs.35,000 Crores is ,as expected growing involving Former UPA  Minister Union of State ,Santosh Bargodia( 2006),who is expected to be arrested.

 

In the meanwhile, an Official in the Mining Ministry in Goa has revealed the details of the scam.This is being debated in TimeNow Channel to-night,Watch it.(24 September,2012)

CBI has also ordered the widening of the scope of the scam involving the NDA period.

Hope this does not detract the main case by mudslinging by the UPA and the NDA!

And let not the arrests end at the level of the junior officials and political non entities.

“The CBI has decided to expand its probe into coalgate bringing under its scanner all coal block allocations made since 1993 including the six-year NDA rule after a reference in this regard was received from the CVC on Monday.

Last week, coal minister Shriprakash Jaiswal wrote to Central Vigilance Commission seeking a CBI probe into all the coal blocks allocated since 1993 when the government had started allocation to private players for captive use.

Seeking the CBI probe, Jaiswal has also recently forwarded a letter written by seven parliamentarians to the CVC saying that blocks allotted between 1993 and 2004 including those given during the NDA rule should be investigated by the CBI, as allegedly favours were done to parties under political pressure.

The letter of MPs also sought for enquiry as to what system the government of India put in place for selection of companies for coal block allocation between 1993 to 2004 and whether these guidelines were followed and how were joint venture partners selected.

The CVC on Monday referred the complaints to the CBI to probe the matter and the agency will soon begin its investigation on it, CBI sources said.

The allocation of coal blocks to private companies for captive use started in 1993 when Coal Mines (Nationalisation) Act, 1973 was ammended with the objective of attracting private investments in specified end uses such as power, cement and steel because of growing economy.

In its ongoing probe, CBI has so far registered seven FIRs against private companies and unknown public officials for alleged misrepresentation of facts.

“Till March 2011, the ministry of coal has allocated 194 coal blocks for captive mining of which 142 were explored blocks and the balance 52 were either regionally explored or unexplored coal blocks,” Comptroller and Auditor General has said in its recent report on coal block allocation.

http://timesofindia.indiatimes.com/business/india-business/Coalgate-CBI-to-probe-coal-block-allocations-since-1993/articleshow/16529739.cms

 

 

 

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