koda madhu

a).
__
SITI
I~TF'T
1kZt*1334fdt4
lk
cqg
a
~
iiw
ft
aii
rar,
42
t '4i
1J
fl'III
S
'a
9l2QTh
S
anNtr
nPnT IIThT
I
fr
ri
flg
fli*
iw14Ikt
'iw
aMaq,
Th14I, iiii'I a
1m~*tw*uj
Tfl
*niti
atk
7ü9ifl
t
Snjfqfl
ii
WTl1T2O11_123Ir2o1213
airt
rnit%r
S
CEC wants
CBI probe
"
into iron
ore export
Auth Athrady
NEW DELHt
The Central Em-
powered Committee (CEC)
appointed by the Supreme
Court on Thursday recommendeda CE!
inquiry into ile'
gal export of huge quantities
of iron ore from the Belekeri
port in Uttar ICannada district.
The expert panel said that
from January 1,2009 to May
5,2010, a total 88.06 lath
tonnes of iron ore was exportagainst the
ed by 73 exporters
permitted 38.32 lakh tonnes.
This means, rest ofthe 49.84
lakh tonnes was illegally
shipped out by these companies in the active connivance
of government offidals, the report
observed.
Noting that illegal iron ore
was transported from Bellary
district to Belekeri port by using
five lakh trucks during
2009 to mid 2010, the panel
said this was not possible with-
out the connivance of officials,
exporters and transporters.
The panel suggested that
the CBI investigate four companies
lakh
(those exporting five
and above),
and conduct
preliminary inquiry into 18
companies that exported 1
lakh to five lakh tonnes.
Ifthe findings were serious,
the CBI could go ahead with
probe or else it can refer the
cases toKarnataka Governthe
ment for further action,
CECsald.
* CBI
-
probe, Page 7
CEC wants CBI probe
into iron ore export
CBI probe, from page 1
against all illegalities of these
firms", the panel said.
for 51 companies that exported
less than one lakh
tonnes, theKarnataka Govern
mentcan initiate the probe and
As
take
action against culprits,
The panel named four ex
porters who were allegedly
found to have illegally exported
5 lakh tonnes and above iron
ore. They are ILC Industries
Ltd (9.86 lakh tonnes), Dream
Logistics Company (India) Pvt
Ltd (9.16 lakh tonnes), SB Lo
gistics (7.74
lakh
tonnes) and
Shree Mallikarjuna Shipping
Pvt Ltd (7.23 lakh tonnes).
The four companies export
lakh tonnes from Jan
2010
from Belekeri Port. "These
companies have also received
ed 33.98
uary 1, 2009 to May 31,
receiptjtransferofmoneywith
outside the country... the
CBI probe may be ordered
in and
Extend
probe
The panel also suggested
that
if the CBI required, it can extend its probe against other
firms who exported iron ore
prior to January2009, including Swastik Steels Private Lim-
ited, Swastik Cement and Mmerals, SMSK Mineral Trading
Company, Eagle lYaders, Man
junatheshwara Minerals, Saifa
Minerals, Gem Laboratories
Private Limited, and Greentex
Limited.
also suggested that
the Clii investigate the case of
illegal export of seizediron ore
from Belekeri port. It also said
Mining Industries
The CEC
theongoinginquirybyCoDof
be stopped, and be
handed over the central
Içarnataka
agency
Dli News Service
Tollywood
to produce movie '
on beleaguered AP CM
JBsUmanadh
State Congress
leaders for a
The party's
change of guard.
HVDERABAD: Thanks to the
close friends of Andhra
Pradesh Chief Minister N Xiran Reddy, Tollywood, the Telugu film industry has now
pitched in to produce a film on
the cricketer-turned-politician
drubbing in the recent by-elecand the growing dissidence have added to his woes.
The movie narrates how the
chief minister single-handedly
takes on the corrupt elements
tion
within the government, ensures that the scamsters are
sent to jail and saves the state
projecting him in good light.
The beleaguered chief minister,
facing internal rebellion
exchequer from plunder.
and a poor public approval rating,
is now all set to be por-
Kiran Reddy
frayed
the ruling Congress have
pooled in resources to fund the
movie project. The move
as 'Mr Clean" and acor-
ruption-buster
The film's sub-text also deals
with
in the movie,
tentatively titled "Operation
Duryodhan 2". The film ap-
comes at a time when the 53-
pears to be a take-off on a hit
year-old Kiran,
Telugu film starring Srikanth
with the same title which dealt
with political corruption.
Sources in Tollywood say
that Kiran's supporters within
is facing a tough
political challenge in the wake
of
efforts by
his
detractors
to
unseat him.
There has
CBI investithe illegal assets
case against the YSR Congress
Party PSsident and Kadapa
the ongoing
gation into
MP YS Jagan Mohan Reddy
has emerged as a major
who
challenger to the ruling Congress. It is said
that popular ac-
tor Jagapati Babu will play the
been a growing
demand from a section of the
role
of CB1 Joint Director.
Service
DH News
'Coal cos blame'
procedures
for delay
NEW DELHI: Majority of the
were found sailsfactor
private sector firms, called
The ministerial committee
had sent show cause notices to
at least 25 allottees for the de-
by
the Inter
MinIsterial
Group (1MG) to explain the
deiays In developing
coal
blocks, saId delayed land at
norms and forest
corn
mencement of production
ontime.
The private players also al
lay in developing the mines.
Eight of them, including Con-
whose
also under the
scanner, has been called forthe
Naveenjindal,
qulsltlon
gress MP
clearances hIndered
firm JSPL is
legal
that they were being 'sin
gled out" by the government,
whose own companies too
hearingonFriday..
Earlier, while talking to reporters at an industry event,
Jindal said allegations were
madeagainsttheprivatesector
were involved,
for narrow political gains. "It
As many as 58 firms, major
ity ofwhichare from the public
is most unfortunate," he said.
He also held the media respon-
sector, face cancellation of coal
blocks allotted to them for
norms violation.
Ten private sector firms in
cludingtheMonnetlspat &En
ergy,Wani Coalfields and Usha
Martin, NeelachalIron & Steel,
Jharkhand Ispat, Jayaswal
Neco, were among those called
on Thursday to explain the de
sible for
Monnet Ispat's Chairman
and Managing Director
Sandeep Jajodia said after the
meeting that the tedious
futedthecharge.
"We have all along main
procesoflandacquisition,ob
know the companies which
were raided on Tuesday in connection with the coal mines allotment scam were tipped off
in advance so that they could
destroy all evidence against
them," said India Against Cor-
lay in startingproduction.
taming
forestand environment
and implementing
clearance
rehabilitation measures were
for the delay,
atthe meet
said progress in some of the
responsible
Sources present
ing
of the coal blocks,
like the
Moitra and Chitrapur blocks,
fInancial
I
playing up
gainsbytheprivatesector.
Meanwhile, graft activist
Arvind Kejriwal alleged on
Thursday that the companies
which were raided on Tuesday
in connection with the coal
scam were tipped off in ad
vance to enable them to destroy all evidence against them.
However, the Congress has re
tamed that the Cm probe was
eyewash. We have come to
ruptioninastatement.
DH News
DII
Service
=z,
a
ByAdityaMenon
fl
mounting pressure
from the Opposition parties to cancel all the coal
blocks allocated by the
UPA government, the inter
ministerial group (1MG)
began hearing the defence
-
AMID
cancellationoftheir coalblocks
for violating the
norms or providing wrong
information.
Among the companies that
offered theft explanation were
Monnet Ispat and Energy, Usha
Martin Corporate Ispat and
Energy, Jayaswal Neco Pavanjay
Steel and Power Oeneration, Elec
trosteelCasting, Thaxithond Ispat,
Adhunik Alloys and Power, Ward
cliii
'ji
I
I
I!
"
'
-. -
I
''
1'
''"'
"'
I'''''
epromo ro
spa and Energy and
orporate
yaswal
Joo AsMnoJ Jayaswal, who
miSter sdprlstsJalswai °
'The development made by
Jayaswal Neco with regard to
Moltra coal block Is good and
Corporate Ispat's Cbltrapur coal
block has also progressed well.
However, there has been hardly
any progress as far as Lalgarh
North coal block of Domco Pvt
Ltd is concerned, a source in
the coal ministry said,
Sources also said that certain
blocks owned by Electrosteel,
,Jharkhand Ispst, Pavanjay face
the threatof de'allocatlon,
The panel, which had sent out
show-cause notices to at least 25
block allottees fordelays in devel
opingntcs, has called companies
In the order of block allotments,
On the second day of the meet
tomorrow, eight coal block allot
tees Including companies such as
Bhushan Steel, Jsndal Steel and
Power Limited (JSPL), Tata
I-,
waa
A
yr
C
&
-. F
""
-
ffieldandNeelachalIronand
ti
I
l.
-
issued show-cause notices.
Thecrmsfacethethreatof
_________________
-
"fl8tfli
'S
-}
oflOftrrnswhohadbeesi
I
-
r
%jy'r
inNewDeihi
-
"
I
'
,
-
4
'-s
-
sI-,--- I— -"
-"
I—
-
4)
S1—-
People help a policewoman after she
was thrashed by
Congress workers, who clashed wIth the police durIng
a protest over
-ç
I
Coalgate In Bhubaneswar on Thursday,
KODA'S LINKS TUMBLE OUT
AFTER Congress MP Vijay Dardo
and his brother Rajendra
were named In the Coal
gate FIRS, the spotlIght
Is now on VIjay loshi,
an alleged front man
for former Jharkhand
chIef minister Madhu
Kodailnpic).
CM
lt
f
J
rg
'%,J
Vini Iron & Steel, na
medin oneofthe FIRs,was
allegedlyafrontcompanyfor
Koda. The firm, InitIally owned
Sibal counters 'BJP lie'
ted the RaJhara North coal block
in Jharkhand In2006.
sources
say a
sore
enlng committee had
rejected the firm's
request for allocatIon
aftertheAijun Munda
government gave
an
adversereport.
IL'?"
But after Koda beca
the firm was sold
to Joshi the state govern
ment gave a favourable reco
me CM,
bythelulsyan Group,wasaIIot
-
mmendatlon.
Mail
llbday
Sponge hon and SF8 Sponge
alice, rehabifitatlon. 'rat is nor
among others are likely to appear
lnal, the same using is applicable
before the comsmttee forthedelay
to every coal block and every mm
in developing coal blocks.
ing project. it is a very very
However, the committee
tedious process," Morinet
is likelytomiss the Sep
Ispat chairmanandMfl
tember 15 deadlinefor
Sandeep Jodla said.
,
"
submitting
the
Meanwhile, with hIS
report as it called 25
'
"
company
JSPL
out of 58 flrms to
caught in a row Over
appear on
coal block alloca
her I,? and 5
tion, Congress MP
After the meeting,
and
indultrlalist
coal block allottees''''''''
Naveenjindalinsinu
listed out the reasons
sued that the private
forthe delay in develop
sectorwas being singled
Ing blocks,
out forattack. "Such kind
"It's a combination of vasi
of allegations are made just
for narrow political gains. It Is
ouathings—landacqujssujon for
eat clearance, environment clear
most unfortunate," JIndal said.
.
' ,"',,
.
-
Septe
-
ASParilamentremainedparal
or
yse
ue
c oeai te?e
m'nrunleasd
' et ather
mediawaronthenjn
HRD minister Kaoil Sibal
who came to the AttIC
briefing on Thursday with his
three assistants armed with
bundles of documents Iried to
make a gtron5 case against the
(right),
tive bidding" of coal blocks
ate also produced comments
of senior BJP leader Arun Jait
ley on December 13, 2001.
attacklnthe congress for
rliament over
stallsng
e
CAG report oncoffingate,
Quoting Js.stely S atatemen
that there re occps oosw
°
obstrUction m
en
?
ute
idthntThecause
ov
has majority
in
debating and Wa
cursing the' issue
is pointless,"
Sibal said: "This is the antI-the
sis of parliamentary, which is
now been elevated into an ide
ology by Jaltley"
Sibal asked the SW to fouow
the rrvdhanno of Atal Bihari
Vajpayee and not rojnati dear
ssro He released letters from
ement
Parliament
'
__________
-k
the then BJP chief mimster
'e of Rajasthan,
Sfsivraj SinghoullsnofMadhya Pradesh and chief aecrc
taxies of BJF-ruled Chhattisgarh and the then cPM.ruled
West Bengal to argue that the
states had ssay in the allocat,
on of coal mmcl and the blame
was being put on the Centre.
Meanwhile,
the
BJP
defended its party Mi' May
Sancheti; saying he had got a
coal mine through the bidding
process from the Chhattlsgarh
_________________________________________________
government.
Moa
TodaylNeso
belts
KEJRIWALSAYS CRI
RAIDS STAGED, CONG
REJECES CHARGE.
AGECORRSPONDENf
NEW DELIII, SEPT,6
RTI
4
activist
Kejrtwal
on:
1
Arvir4
Thursday
tlaimed that the recent CBI
'alds agatnst coittpanies,
jnvolved in caal block allo
¼ation ware "eyewash",7be
jJongress, hewever, ret'uted
the claims ef Mr
KeJriwaL
Mr KeJrjwal clahned ji
one of bis tweet that 1w bad
Ibeen l&fonned tbrough a.
kifkil frönt m ofticer In
wie
of the raided eompanjeg
that 'they were infonned
two days In advance abput
raids and
were askecj to
remove all materials".
However,
the Congress
spokesperson
Manisir
ewari denied the allega-.
tions
calling
Ahern
..
"extreinely irrespönstbje'.
-
CBI RECOMMENDS GRAFT
CASE AGAINST CHAUTALA
ÄGE
CORRESPONDENT
CHANDIGARH, SEPt 6
t'otiner chief minister ot Haryana
and INLD chief Om Parkash
Chautala is in trouble following his
indictment by the CBI in a case
related to afleged irregularities in
the nomination of candidates to the
state civil services executive
branch in 2003-04. The CBI has submitted a status report in the
Supreme Court, recommending registration of corruption cases
against Mr Chautala, his former
Cabinet colleagiie Ashok Kumar
Arora and some bureaucrats.
Report says that a preliminary
inquiry shows that Mr Cjiautala
had arbitrarily raised thb age limit
from 45 to 50 years and reduced the
minimum work experience from
five to three years, with the intention to heip certain candidates.
MP BJP GOVT HAS FAILED.E
ON ALL FRONTS: CONG
AGE
CORRESPONDENT
BHOPAL, SEPT. 6
Congress general secretary incharge Madhya Pradesh affairs B.K.
Hariprasad on Thursday targeted
the Madhya Pradesh BJP government saying that it has falle
on all
fronts. Speaking on the issuc of coalblocks, Mr Hariprasad lashed out at'
MP amt Chhattisgarh chief minis-
ters say Ing they will go to Jan withirisix months if they were to ask the
CBI to probe their rote linked with
Ute mining issue. Turning
attention
-
to Chhattisgarh, he said: "lt has
-'
been exposed who is Sancheti." Mr
Hariprasad, flanked by state
Congress chief Kantilal Bhuria,
MCC general secretary Digvijay
-
Sing
and Leader of Ute Opposition
Ajay Singh, was addressing a press:
conference at the Congress headquarters in Ute state capital.
SHAH SPOKE TO
" ACCUSED COPS
12 IIMES: CBI
47
PRAMOD KUMAR
NEW DELHI, SEPT. 6
The CBI probe Info the
Prajapati
Tulsiram
fake
encounter
case
has
revealed that for-.
mer Gujarat home minister
Amit
Shah
allegedly spoke to the
accused police officials
at least 12 thnes around
the
encounter date.
Prajapati was killed by
Gujarat cops
in an
encounter
on
December 28, 2006 near
Ämbaii in Sabarkantha
district
-
of the state.
Accordfflg to sources,
probe.
revealed
has
further
that
the
accused,
ineluding the
former minister, even
prevented the investigating
the
olticer
(10)
of
Sohrabuddin
Sheilth "fake
encounter
case to meet Prajapati
in
the
prison.
Prajapati,
who
is
believed to be an eyewitness in the alleged
Sohrabuddin
Sheikh
fake
encounter case,
was kllled when
he
allegedly
trled
to
from the cuswhile being shlfted back to Guiarat from
Rajasthan after attend
Ing a court trial.
escape
tody
Some relieffor
ShahfromSC
-
shifted
NEW DELHI, SEPT.
preferably to Maharaslitra,
was told by Mr '.Jethnlalani
6
The Suprerne Court provid
cd some relief to former
Gujarat
outside
Gujarat,
AGE CORRESPONDENT
that Mr Shah was wilhing to
give an undertaking that he
would abide by all condi
home
minister
Amit Shah in the case o
tions and was even ready to
the fake encounter killmgs
move in the state under
of Sohrabuddin Sheikh, his
wife Kausar Bi and aide
Tulsiram Prajapati as it
turned down the Cm's sug
gestion that he be directed
to stay outside Gujrat if
his ball is aflowec! to con
tinue. "That is not aecept
cd. Can you suggest any
"the watchful eyes" of the
Cm. Senior advocate Gopal
Subramanian, anlicus curi-
ae (friend of the court) in
the vase, also suggested
that the former Gujarat
minister should be directed
not to influence the trial
Ram
directly or indirectly.
The CBI told the court
that Prajapati was a wit
ness to the Sohrabuddin
fake encounter case and his
Jethmalani, appearing tor
" Mr Shah, contended before
kilhing was part of a larger
conspiracy in which Mr
the bench that the accused
should be allowed t
go to
Shah, as the then head of
the state administration,
Gujarat in view of the
upcoming Assembly elec
tions and that his good con
was involved. Sohrabuddin
and bis wife Kauser Bi
were allegedly abducted by
duct
months
taken
into
Gujarat's
anti-terrorist
squad from Hyderabad and
account tor grant of relief.
Mr ‚Jethmalani said the
killed In a fake encounter
Gandhinagar
near
in
Gujarat high court granted
to Mr Shah on the
November 2005.
ground that there was no
evidence against hirn and
that in ils appeal the CBI
Gujarat
other condition," the bench
asked CBI counsel Vivek
Tankha.
Senior
In
should
advocate
the past
be
ball
Shah,
a
alde
dose
chief
of
minister
Narendra Modi, was arrestcd by the CBI on July 25,
has not
2010 and had spent over
three months In Sabarmatl
elear that the trial would be
Jall In Ahffxedabad.
assalled that,
The bench, which made it
now probing rote
öf
Köda in coalgate scam
AGE
September
in
2006 in Jharkhand and
Koda became the CM,"
sources said.
Probe
has
further
revealed that the company
CORRESPONDENT
changed
NEW DELHI, SEPT. 6
The CBI is also inveitigat
Ing the role of former
Jharkhand chief minister
was later sold to a dose
aide of Koda. "Soon after
the company ownership
changed, the state government headed by Koda
Madhu. Koda in connec
tion with its probe related
to the coalgate scam.
According to sources,
probe by the agency has
revealed that a company,
allegedly
gav
a
which
is
one
of
the
favourable recommendaaccused in the CBI's FIRstion
which was considscreening
in coal block allocation
ered by
the
Madhu Koda
committee and it was alb
was
allocated
scam,
Rajhara North coal block
cated Rajhara North coal
request for ailocation of
-
in Jharkhand in 2008.
"Serutiny of the docu
coal block was rejected in
2006 because of negative
ments, recovered
recommendation from the
then
state government
during
agency
searches,
that
the
has
by the
recent
revealed
companys
headed by Arjun Munda.
The
govcrnrncnt
was
Jharkhand,"
in
sources said. Jf required
the agency may record the
statements of Koda and
block
-
his
aide
--
in this connec-
tion, sources addec!.
UPA mantri's kin linked S
coal block allocatioà deal
__
5-Day-Old Co Signed MoLJ With PSU To Stake Claim
TIMES NEWS NETWORK
Chenna!:
The
DMI(
MORE DIRTY HANDS?
has
R Power Gen Pvt Ltd, in which minister
Jagathrakshakan and his family members
were directors, was barely 5 days old when
once again landed the UPA
a spot as the
focus now shifts to the fain
ily of Union minister of
government in
it entered into an MoU with
state for information and
broadcasting
Jagath
S
> Jagathrakshakan quit as director of the company in 2009
to contest the bk Sabha elections but his family members
are still part of the board
mentinacompanythatwas
awarded a coal block in 2007
despite the fact that it had
July2s that year, PIPDIC and the investment company
and Gujarat Mineral Development Corporation were
) On
notrackrecordi4thesector.
atlocated a
The .Jagathrakshakan
owned JH Power Gen ['vt
coal
block in
Naini in Orissa
Months later, JR Power sold 51% of its stake to
Hyderabad-based KS X Energy Ventures, which then got
rights to use the coal block
)
COVERAGE: pg &12
oGovt can reverse', Pl
state-owned
stake claim for a captive coat block
rakshalcanfortheirinvolve
FULL
the
PIPDIC on Jan 17.2007. The agreement was to
2
Dardas played
big role: CBI
NÔ
-aJCII&UhaN ITNN
New
Dell: Conress
MP
VijayDardaandhisbrother,
Malrashfra minister Rajendra Darda, wereactively
involved In the running of
-
JLD Yavatmal—accusedin
the Coalgate scam
while
Vijay's son Devendra represented accused companies
at
screenrng
committee
meetings for allocation of
coal blocks, the Cm has al
Ltd was barely a five-day-old
company when it signed an
DIC) to stake claim for a
captive coal block. Coinci
had no interests in any core
sector at this stage, PIPDIC
leged. The agency's FIR, ex-
MoU with the state-owned
Puducherry Industrial Pro
dentally this round of allot
is a state agency for fadiitat
ing investments in the re
undercuts the claim that as
non-executive directors, the
gion. Neither could have di
rectiy utilized the coalblock.
brothers had little role In
motion Development and In
vestment Corporation (PIP
ments were made to PSUs
whichhadto specify end use
for the coal. While JRPower
clusively accessed by TOl,
controversial decisions. P9
Transfer of Gurgaon land
to reditors quashed
200 kanals transferred between July 16, 2008 and July 29, 2009
TRIBUNE NEWS SERVICE
GET CASE PROBED BYCBI: DIRECTOR
CHANDIGARHI SEPTEMBER 6
Just more than a month after
Punjab and Haryana
High Court stayed construedon over some plots
allotted
the
to real estate firms and individuals in Sectors 58-63 and
Sector 65-67 of Gurgaon, a
Division
Bench
today
quashed the orders of
the
Director, Department of
Consolidation and Holdings,
transferring
the land
favour of the realtors.
The
order came during
in
In his July2s letter written just seven days after taking
charge of the department, Ashok Khemka,
present Director
of the Consolidation Department, had alleged that his pred-
ecessors, SC Goel and Anil Kumar,
appeared to have
passed several orders under the Consolidation Act in
gross
abuse of their position. While holding that the
"involvement
of high-ups cannot be ruled out," Khemka had
requested
the Addional Chief Secretary
to get such transfers of
land
probed by an independentagency like the CBI.
Ashok Khenika,
present
Director, had also written a
letter to theAdditional Chief
Secretary-Cum-Financial
Commissioner
(Revenue)
under
in
the Consolidation Act
abuse of theft posi-
gross
sors had allotted the land in
favour of builders without
ka had requested the Additional Chief Secretary to get
such transfers of land probed
land, belonging to gram panchayats
in
Gurgaon, with
some builder and developers.
It is also significant as
tion
of
In his
in violarelevant statute.
July 5 letter written
the
just seven ddys after taking
charge of the department,
Khenika
had alleged that his
predecessors, SC Goel and
Anil Kumar, appeared to
have
passed several
orders
by an independent agency
like the CBI.
Khemka had
asserted: "He
to reconcile
himself to such gross abuse
of authority". Khemka had
also appeared before the high
court to place on record the
was not able
petition,
Khiai
others had challenged 20 such orders passed
by the two officers in the viilages of Behrampur,
Bandhwari, Gawal Pahari, Balola,
IJilawas, Ghata and Badshahpur
in Gurgaon, passed
between July 16, 2008, and
July 29, 2009.
They had alleged 24 acres
192 kanals, majority of it
area, was
hearing of an ongoing peti-
govern-
and
While holding that the
"involvement of high-ups
cannot be ruled out," Khem
any jurisdiction and
Ram
or
alleging that his predeces-
other petitioners.
The development is significant as the matter involves
the exchange of approximately 200 kanals of prime
ment.
In their
tion.
the
tion filed by Khusi Ram and
letter sent to the state
in Gawal Pahari, Behrampur
allotted
gaon-based
to Gurand
realtors
builders under the Consolidation Act.
The land was allotted in
favour of some private realtors by the Department of
Consolidationand Holdings
from 2008 to 2009 while
the consolidation proceedings of the land under quesdon were completed
45
years
ago.
40
to
liidlà*seeks consular
'
access to
ASHOK TIJTEJDJTNS
:-
I
Saraoiit
to provide special consular
access to Sarab)it Singh at
quantities and cyber crimes
NEW DELHI, SePTEMBER 6
an early date," Minister of
Ahead of hà talki between
the foreign mithsteis of the
State for External Affairs E
told
Ahamed
Sukhdev
Singh Dhindsa of the Akali
recent years.
During the Home/Interior
two countries,
India today
saki it has
sdught
from
Dal
a written reply in the
Rajya Sabha.
Sarabjit is currently being
Pak-
istan con-
held at
1 a I
Lahore
si:ii
Indian
death row
prisoner
Sarabjit
Singh following
Jail in
Kot Lakhpat
and
has
been
death row for over 20
access
Sarabjit Slngh
in
a
complaint from him about his
ill-treatment in jail.
"The High Coniniission
of India, Islamabad, has
approach4l the Ministry, of
Foreign Affairs of
on
years.
Sarabjit's case is likely to
figure
during
talks
have been reported
Secretary
levçl
between India
in
S.
from
and Pakistan
schedule
a meeting
at an early date to work
the
technical
moving
details
forward on
would
ing and abetting of terrorist
activities directed against
India and for providing sancmary to terrorist groups.
talks
in May in Islamabad, it was
decided that the CBI and
the Federal Investiation
Agency (HA) of Passtan
would
Pakistan that it
not allow the territory under
its control to be used for aid-
the
èut
of
issue
consistently
"India has
stressed to its interlocutors
the need for Pakistan to honour its commitment of not
allowjjg territory under its
contfol to be used for terrorismj
against Jndia in any
maMer," Ahamed added.
Seplying to another question, the minister said India
has taken up with Beijing the
between External Affairs
Minister S M Krishna and
his Pakistani counterpart
Hina Rabbani
Khar
in
of human trafficking, coun-
-
emanating from the territory
matter of Chinese support to
control
remained a core concern for
India. This was precisely
why India has sought a firm
abiding commitment
and
Indian insurgent groups. The
Islamabad on Saturday.
Meanwhile,
in
another
reply, Ahamed said instances
of
fake
Indian
currency
notes (FJCNs) coming into
India from
Ptistan in large
cyber
currency,
red notices.
minister said terrorism
terfeit
crimes and
The
under
Pakistan's
"
-':1'
Chinese
government
has
it would never
support armed groups that
conveyed that
were against India.
Probe export of Bellary's illicit iron ore'
5L Truck Trips To Transport Mineral To Belekeri Port Went
DhananjayMahapatra
New
Delhi:
The Supreme
Court's environmental panel
on Thursday recommended a
CBI probe into the brazen
flouting of rules in transportationof 50 le.kh tonnes of illegaily mined iron ore from Thellary district to Belelceri port,
some 400 Inn away and their
surreptitious export despite
the ore being seized by the for-
than 5 lath truck trips could
not have been possible without the active connivance of
ing, transportation, sale and
purchase, storage and dispos-
the concerned officers
other public servant&"
iron ore exported from January 1, 2039 to May 31, 2010 by
theCRC
four exporters
ivice providers, transporters,
nataka forest department had
seized the entire stock cf li-on
ore lying in Belekeri port on
March 20,2010 but the majority has substantially been the-
In a hard-hitting report
laying bare the deep-rooted of-
ried out
Central Empowered Ccnunittee(CEC)throughsecretaryM
X Jiwrajika said, "'hansportationof suehahuge quantity
of iron ore involving more
es Ltd
Dream
CEO report added, "The Ear-
gaily exporteft The probe
mafia nexus, the
aloE about 33.98 lath tonncsof
and
While recommending a detailed probe by the Cifi, the
estdeparbnent
ficial-mining
unnoticed: Panel
The
report
submitted
through amicus curiae Al) N
Rao said the CEO was of the
"considered view that intervention
of the Supreme Court
-
1h
Logistics
tonnes),
Company
Pvt Ltd (9.16 lak
tonnes), S B Logistics (7.74
lakh tonnes) and Shree Maßlkarjuna Shipping Fyi Ltd (7.23
(India)
uNarnDLED
LOOT
car-
so far by the state of
Karnataka through the CU)
does not Inspire confidence.'
(9.68
1W industri-
is required so asic ensure that
effective investigations
and
deterrent action against per
Sons found guilty are taken
without any undue delay'.
It said the CHI nust hivestigate "all aspects of the illegalities
associated with rais
lakh
from Bolekerl
port and consequent rcceiptt
transfer of money within and
outside the country'.
tonnes)
2009 to May 31, 2010 exported
between ito S lakh tonnes of
hon ore from Belekeri port,"
said.
'The exporters, port serof illegal iron ore
also the persons who
suppliers
and
caused such ifiegalities are liable to penal action under the
provisions of Mines and Mineral (Development and Regulation) Act, 1957, Karnataka
Ibrest Rules, Indian Penal
Code
and
other
Acts/Rules"
it
applicable
added.
The
"The CBI may be directed
to undertake preliminary inquiry in respect of 32.27 lakh
tonnes of iron ore exported by
CEC report was inresponse to
18 exporters and each of
whom had from January 1,
port
theSC'sAugnst2aorderandin
continuation of its report of
April27 on 'allegedillegal exof iron ore from Belekeri
port and associated issues'.
CBI FIR nails Darda
bros' role in Coalgate
Exposes Links With Accused JLD Yavatmat Co
No need to quit after FIR: Sibal on Darda
Neerajchauhan
New Delhi: me
usi has a!-
leged
that
Con-
gress
MP
Vijay
Darth
and
his
resign. He was answering queries about Maharashtra minister
Rajendra Darda who has been booked bythe CBI along with other
brother Rajendra
familymembersinacoal blockallocationcase.Talkingto
Darda, education
reporters, he
minister In Mah-
were
arashtra,
actively involved
Vijay Darda
ministerKapil SibalonThursday said an Fißwasonlythe
Ufliofl
starting pointforan Inquiryand need notforceaministerto
in the affairs of
the
JLD
said, "What is an FIR... It Is the originating point,the
beginningofan investigation. FIR isnotprimafacie (evidenceof
some case). The chargesheet Is primafacie... Is this the law in our
countrythatyou resign if anybodyfiles an FIRT'Sibal, however,
said hewould quitifsomebodyfiled an Flßagainsthim. mM
Yavat-
one or the firms accused
in
Ltd (Kolkata)
showed its net
worth as Rs 812 crore in one instance and Rs 206 crore on an-
cused
As per coal ministry's
guidelines,
applicant
the
should haveanet worth of Rsso
Company in their ,lVgroup and
eral".
dercutting
the aliblthatnon-exdirectdrs \ distance
themselves from confroversial
laith for each MW he wants to
purEast(Chhattisgarh).
ecutive
generate. MS had applied for
coal to feed a 1,200 MW plant, in
two FIRs against V'mi Iron and
decisions. The charge also raisdoubts on the fate of theirpo-
Mahuagarhi
the
Coalgate scam.
The allegation in the FIR,
exclusivelyaccessedbyTol, enthe alleged culpability
of the siblings, potentially unhances
es
liticalcareers,althoughtheCßl
is yet to find documents with
their signatures. Congress is
likely to take a call on Rajendra's continuation in the gov-
ernment after party chief Sonia Gandhi's return on Friday
other."
coal
block
in
Jhañthan& "They claimed in
application form that it was an
represented
ac-
decided on allocation, besides
overseeing affairs of two other
companies of the group that are
accused in Coalgate. The FIRs
reveal Dardas and partner Manoj Jayaswal wrongly claimed
that largefinancial institutions
like IL&FS and IDFC were part-
ners in order to inflate their net
worth and become eligible to
TOl also accessed the other
and Navbharat Power. The FIR
against Sin! Iron (Koilcata)
states, "They showed 15 companies in their JV group having
the case," the FIR alleges.
TheFlßalsoallegesthatthe
ry revealed
JAS Group of Companies with-
their original net worth, while
only Its 28 crore was the turn-
lotted
and
showed their net-worth as sevThey got block in Fateh-
net worth of Rs 86 ci'ore and
turnover of Rs 768 ci-ore. Inqui-
mittee the fact that they
companies in meetings of
the screening committee that
tructure Development Finance
ture Leasing and Financial Services (IL&FS), which was not
process of the allocation of coal
cused
Jayaswals,
SPY of Inertia and Infrastruc-
Vijay Darda's son Devendra
was directly involved in the
blocks
along with
says, "They mentioned Infras-
held from the screening cam-
were aL
only six firms were
inthegroupandflsa7crorewas
over," "The
owners of Vmi also
seven
coal
blocks
between 1999 and 2CCIS. The second FIR against AMR Iron and
sold the company latei" itadds.
Private Ltd (Nagpur),
owned by the Jayaswals with
Devendra Darda also the firm
by
director, says, "They claimed it
isan SPVof Lokmat and Infrastructure Leasing and Financial
sold its stakes to Vijay Josh!, it
got a favourable report Madhu
Steel
CBI sources say Vini had
been given a negative feedback
Jharkhand
government,
headed by CM Arjun Munda at
that time but once the company
Services (IL&FS). They showed
Koda was the CM then, and
Josh! is his aide. The company
theirnetworthasßsl,B22crore
got Rajhara North coal block.
in
the
screening
committee
meet in which Darda was present, They put their own turn-
The FIR against Navbharat
Power Private Ltd and its direc-
tors T T Prasad and Harish
bidforcoalblocics.
over
According to CBI, in their
applications for coal blocks,
(group) did not disclose about 5
blocks they already had". in
leq
,JAS, JLD And AMR belonging
this case, CBI said, "The company directors also mentioned
showing their net worth as Rs
307 crore and added Globeleq's
about MAR that it was not part
of Jayaswal group' The com-
ever, during presentation in the
.Jayaswals
to Dardas
and
claimed they were 'Special Purpose Vehicles' (SPY) of companies IL&FS, mFC, Inertia and
Lokmat group. In fact, the FIR
against .JAS alleges the firm cited varying figures for its net
worth on two occasions. "JAS
Infrastructure Capital Private
at Rs L96 crore. "They
pany
was allocated
block in
Bander (Maharashtra).
The FIR against .JLD Yavatmal Energy Ltd (Nagpur), In
Chandra Prasad
says, "They
wrongly mentioned that Globe-
(Singapore) in application,
networthatßsl,T7ecrore,Howscreening panel, they showed
Energy
Suez
International
(America) astheiriVcompany
mentioning Navbharat's net
which Vijay Darda and Rajen-
worth as Rs 3olcrore and Suez's
dra
as Its 105,740 crore".
Darda are named as ac
5fldIa!1$
4dj'S
:$%
4k« .V4.444ir
3iIS
T$
S
____
twiTtftnflfli
51t
t4W*t
fl
1R qj1 fg. jf jy
‚
i:
1
____
rgitn r4l *ai
a
c'
i* Fiifai M
t
'
ci
1r
ti tha
dlb
2006
UW*T 1*I k
*%W'
ttiri
Matnii
2004
j*i'u-i
ml9tllw
4r
2008ivd1RT
Sthinnii (h).
tfl49flhl
I
CBl likely
to question
ex-CM Koda
New Dethi: CBI sources on
Thursday claimed that they
will question former Jharkhand CM Madhu Koda In conwith the FIR filed
nection
against Vini Iron and Steel
Udyog that was allocated the
Raihara North coathiock
state. Investigations
in the
revealed
that the state government had
given a positive recommenda-
to the firm only after its
owners sold the companyto Kotion
da'saideVijayjoshi.
CDI is also likely to ques-
tion to Odisha CM Naveen Fatnaik and Chhattisgarh CM Ra-
man
Singh.
Jharkhand CM
Munda may also be
questioned.
Arjun
Agency sources said that
they have primarily found suspicious
allocation of 24 companies and five FIRs have been
registered so far Another six
FIRs would be registered within two weeks. Sources said that
they had found that screening
committee
and state governments were responsible for giv-
ing recommendations
for the
companies for getting coal
blocks,lndudingJAs,jj
AMR that already
had coal
blocks, but still the coal ministry should have properly
veri-
fied these firms.
INN
3Z[
20
dCPII{~ICP {Isdd
Szfl
31Tfl
*ktdn
20
ft
iftvwr4 krMi
1t ffi
111
*14ftPa
fm
ar
II
f*wtat
%ft
tauffi*fttant
ftiiiM
u4jefll
3fMflß*
243?
Pvqfl'
zfrjaltglgipgqi,
'fr zft 4q
qTIITI4aI(
*
319
r
awz
'jy+hiii tft g
*T
3N9TWfr
T'4fl
t*l1fl1U
fIT
asftaiiM*j
SSaM
tff13313
-
WtwSi,
ftzutfWt
3
rWttRl*'
1T1UI"
W
'"'a
_
____
31f1M
______
T9l9t
ml
IIT a419 Mj'4R s*H*if
________________
SfIWIT
_
t*
__
lk
tti 'I*Mta4T
*fffl't3it
DCIT
31'
tftfE9T3tia
3f19
114W(9
Man
F1*
Tfli
"
r
"
*
r
Wrpi
'ft
si't«i
/"
__ _ _ -_ ___ __ _ ____
i_
—.-— -A
100
cff
... _
-"
;-:
titkn ftlz4r
gigi
ff*
-
--
ioo*a*
L
f&
i"IIg«gM
Wttr
ftr
-:
*fl'i+1
1
r
#t -jt
i#
-
tr
4
s4t*i
lta~Tnl
'31igci
n
'g+iqtvi'iMt
ffi9t'*jfT.
Ml4k
ii
fi
t
ft
4
a*t
ti
d
RF
flTr%
t*r
k
314Z1 %
*1 MZT*
«
SflTWfl9t
*4T
flfqt
ni4i*
'ii:
w*ii
tu
'amT,
ft
uinrfi
wntdft
fl
F*_s
100
*i
rta
Ifl
cigri
hiflwi4t
Rt49ft9
mft
gr
4ftMtj
*
100
W 50 flif
4 ftr iik
t
?«igt
a
'iiizi
'3liqicl
Rir*
a
3000flwTJ
r.ld4nTn
T*fff
'ITI
9IT
mrW
.ft *I(acßylzn
3140' ycg t
ffftftq'rt
MBsWTRtflql
.
ft'aT
t*
i,igklcliqq
tiiafipiti.
3114zT
CBlraids oncoalcos
were staged: Kejriwal
Kejriwal on
ActivistArvind
Thursday claimed thatthe
recent CDI raids in companies
related to coal block allocation
were staged, a charge denied by
Congress. Kejriwal tweeted,
"received a mail from an officer in
one of the raided companies.
They were informed two days in
advance about raids and were
asked to remove all materials."
Congress spokesperson Manish
Tewari denied the allegations,
terniing itas "extremely
irresponsible". INN
The CM went onto argue that
were a "transparent
auctions
mechanism and will result in semeritorious applicants
lectionof
andwfflensuremaximumgainto
the state and the community".
Referring toa meeting with fithe CM empha-
nance ministry
sised that both
the Centre and
state government
agreed
that
"competitivebiddingoffershould
bemarketbasedandnotbellnked
to the cost spent on exploration by
the state". The floor price could be
flxedbytakingintoconsideration
cost of exploration and other factore.
BJD
Mahtab
ment's
leader
said
Bhartruhari
the state
communications
governprove
that it did not oppose auctions in
order to preserve its right to reccoal block allocations.
"Till auctions were made legally
ommend
binding, any state would recommend coal blocks for projects in
ltsareas'hesatd.
it*i
*rs 4iWii1i
!Rc1li
ffiI1guqçIdl
19iii9fr.
?4cfl 'T1
11T
fT
q[4ti
PnT
__
Mt Mft tmi$
S
frqi
ath9R1W*
RM
TW'oM
fr aift
*
flmt
ftt
lW
tS*
Thfti#
itt**tt*i 'it
Vn
llW
knt
*
tt*T,"
fl9T*TTt*I
1741tM
Siw*
rafl*intafl
t
W
*
3TT1'i1*
Hci'ik
*wfnt*tc*j
ñ'iftZ
MTT*?r
*fl
*
3
.
fl*fl
4ki
tnTE
ii4
i
-qgF4raiw
Wj*
ww
AWI(
'it 31N1
T
39fl*n** 'it{Ic
ciclitw
M1w
,
fl
it
*
*
r*nt*'ftiu*
ti
*dc1 '1TT
1W 'ft
n
34,T
flflTR**S11t1qU31
ft Sr ti
_*I
I
CBII data operator remanded tO judicial custody
Staff Reporter
crore from the investibank account
were on Thursday remanded
}15.1.5
gating agency's
NEW DELHI: A data operator in
the CBI's Pay & Accounts Office and seven other suspects
accused of siphoning off over
to 14 days' judicial custody by
a special court here.
Special Judge (CBI)
remanded data
entry operator Prashant Kumar Tha and his alleged acwant Singh
cmpliees
Anjit
Tal
Amol
Pawan
Ranjan
Mishra,
Mishra
and
Kumar Ray in judicial
custody. They were interrogated for two days by the CBI
before being produced in
court.The judicial remand of
four other suspects
Nand
-
Lal Ram, Mahender Khukhri,
.Jolen
Khess and Jitender
Verma
was also extended
-
till September 20. All the
suspects
will be produced befbre
the court of the chief
metroMagistrate on Sep-
politan
tember 20.
Prashant
Kumar Jha 'was
arrested on August 24
on a
complaint by Pay and Accounts Officer (PAO), which
works
under the Finance
Ministry and manages CBI
accounts.
Bench reserves order
J. Venkatesan
NEW
DELHI:
To a question from Justice
The
Supreme
Court on Thursday reserved
the
verdict on a
plea of the
he
said the trial could be
shifted to any court in India.
When Gujarat Additional
Advocate
Tushar
Earlier, Mr. Tanka cited 15
bail, Mr. Jethmalani said:
1
Mehta opposed the transfer
reasons and urged the court
Mr. Shah to give a
of the case outside the State,
Justice Alam told him "from
will ask
tion that
written undertaking that he
General
will not tamper with evidence
in any manner." When Jus-
the
for-
Ainit
tice Alam told counsel "this is
adopting adversarial attitude
Shah, an accused in the Sohrabuddin
fake
encounter
not enough," Mr. Jethmalani
in this case. Sometimes adversarial attitude turns into
hostile attitude. Here is a pri-
Gujarat High
Court to the
Gujarat Minister,
mer
Case.
A Bench of Justices Mtab
Alam and Ms. Ranjana Desal
reserved order at the conclusion of arguments from
se-
nior
counsel Vivek Tanka, for
the CU!, senior counsel Gopal
Subramanian, who assisted
the court as amicus curiae
and senior counsel Ram Jethmalani for Mr. Shah.
Justice Alam, expressing his
Alam as to what assurance he
could give on behalf of Mr.
Shah for continuance of the
Central Bureau of Investiga-
sought the cancellation ofthe bail granted by the
on CBI's plea
said "you can cancel the bail,
if there is violation of the undertaking.
I will be the first
person to argue against him if
he violates the undertaking.
'What else! can say."
He said considering
the
fact that elections were round
the corner in Gujarat, the
beginning
government]
you [Gujarat
have
been
per
with
evidence in the case
if he remained on bail. The
CBI had explained Mr. Shah's
role in the murder of Tulsi-
ram
Prajapathi,
in
which
fade case in which three
persons were killed in cold
charge
blood and we said the matter
needs
to be investigated.
complicity of the whole State
More than once we said the
State should have shown anx-
cancelled, he said.
iety
presence of Mr. Shah in the
State was essential.
pen
he would prefer Maharashtra,
to cancel Mr. Shah's bail. He
said being a politically iniluential person, he would tam-
ma
to come to the bottom of
the things. Why should it hap-
Though
anguish over the State government's attitude.
in Gujarat and not anywhere in the country?" said
days
sheet
ago.
was filed two
Considering the
machinery, the bail should be
Mr. Gopal Subramanium
also wanted the court to cancel
the bail and shift the trial
outside Gujarat.
Court calls for transcripts of 5,800 Radia tapes
Legal Correspondent
months.
"Otherwise we
will
be proceeding
NEW DELHI: Dissatisfied with
the probe into the Niira Radia
tapes
issue,
Court on
conversations. After analysis,
Justice Singhvi told Mr. Ra-
Singhvi.
the tapes were handed over to
the C BL
val these tapes were handed
over to the CBI for investiga-
Singhvi
wondered
tioninconnectionwiththe2G
committee,
scam. "Three years have since
passed. What has happened?
Supreme
The Bench earlier directed
that these tapes be provided
in a hard disk to the court for
the Director General of Into provide
come Tax (DG-I
transcripts of the 5,800-odd
safe custody.
During
the
resumed hear-
Justice
how the review
which was supposed to look
into the question whether the
controversial tapes.
ing,
A Bench of Justices C. S.
Singhvi and S. 3. Mukhopad-
ducedbyAdditionalSolicitors
tapes should be retained for
further investigation orbe de-
General (ASGS) A. S. Chandi-
stroyed
hok
Mr.
60 days, had exercised its stat-
govern-
utory function. When Justice
it penised the files pro-
directed that the DG-IT
transcribe all the tapes and
Chandihok said the
hand them over to the
court
in a sealed cover within two
ment had only analysed those
portions required for investi
hya
into the tapes was over, the
scribed
Thursday directed
the
gation and had not fully tranthe
entire
on surmises
and conjectures," said Justice
nnd
1-larin Raval.
Singhvi
within the mandated
wanted
to
know
whether the IT investigation
ASG said it was still on.
Some of them seem to be du-
bious transactions which may
affect national security. The
issue
seems more serious
than the government failing
to adhere to the review procedure," Justice Singhvi observed.
COAL BLOCKS
Govt worried about
loans to miners"
Banks have beei asked
ey
to collate information
on such debt; some
lenders already looking
the
to
these.
companies against
Negative
investigation
&
government
is
wor-
that loans given by
Investigated
in the
ities
over
irregular-
allotment of
coal
mines may turn bad, and has
asked them to collate information on such debt.
"We
with coal.
'What
banks to companies be-
ing
Murnbai-basesj banker
One
case
The
are aware
sponsible,
and it banks
ting
bad loans,
with
director
ecutive
a
are
How
blocks.
some banks have allookittg closely at
ready
started
their
hooks. "We
ing
a
are
examin-
what is the impact, but it ts
complexity
and
evolving
"It is like
We
loaned
faith, and
on
now
issue
we
can
be
re-
isn't clear.
money
doveiopers
to
of
lation
these
the
on
coal
captive
In the event of cancel.
of the blocks
cided by
to be de-
the inter-tninisterial
group, what happens to those
loans?" said
person
a
aware
of
banks
exposure to companies
allotted coal blocks and who
spoke
on
condition
of
ano-
nymity.
bit early to estimate it, given
she
big
"A lot of banks have loaned
banks.
Indeed,
lending.
the
solved
basis
of the exposure of
quantum
banks to
companies that have
been allotted coal blocks.
ex-
a
holding the can."
ernnsanl official directly involved is. the discussions with
the
sit-
an
with
want to be named,
senior gov-
Mint couldn't ascertain
are
public sector bank, who didn't
telecom
a
li-
nobody
should blame us," said
(ntoney)
said
do whet.
we
allotted get cancelled
after five years? This is irre-
tion and have asked banks for
details. We are collecting tlse
data through Indian Banks' Association. We should get it in
can
ceuces
of the situa-
few days,"
Itave meant
reluc-
become
admitted that this is indeed the
Sn. HI
ried
Supreme
tant to lend to any telco.
UTPAL BHASKAR
MOOt A /NAW
the
ruling by
a
awarded thus
that banks have
Roy,
REMYA NAIR
an
Central
Court cancelling all
122 licenc-
es
ANup
the
Bureau of Investigation (Cal).
and
closely at their books
By
publicity,
by
case
A
in point
concerns
the
Abbijeet Group) which is in the
nature of the issue," said S. Ra-
eye of the
man, chairman and managing
red herring prospectus for Ab-
director (CMD), Canara Bank.
Bankers insist there is no
cause for alarm.
'We are not
reacting in a
knee-jerk fashion;
we are
mon-
itoring
sue
the ot.tconae of the
to chart our course of
Obviously,
tion.
issue comes,
check
when such
we
isacan
wilt have to
said KR.
books,"
our
Kuniath, CMD, Punjab Nation-
hijeet
Mint slates that it
rated
Slill,
ready
denying the
no
analysts
beginning
to
are
al-
compare
was
draft
incorpo.
Infrastruc-
Abhijeet
as
for the Banka Power Project,
we
have received sanction let-
ters/underwriting
for
menta
arrange.
amount
an
million
74,000.00
of
(f1,400
crore) from Axis Bank, l'unjab
National Bank arid UCO Bank."
'Axis
there's
Some
A
ture Capital Pet. Ltd and that
al Bank.
risks.
coal storm.
Power Ltd reviewed by
banks
was
a
which
initial loan
part
of three
sanctioned
the
to Jas lofrasiroc.
tore and Power
Ltd.
lsut since
tins issue with
rhen the loan has been syndi-
scan, where
cated
and
the so-called 20
telecom licences
spectrum was
awarded to
some companies on favourable
terms, and banks loaned moo
an
to
eleven-member
coosortiuna of which Axis is
pare. The hank, however,
share details of its specific
not
exposure
we
currently.
However,
do not have any exposure
the
to
a
cart-
company's
under
question,"
coal block
said
a
spokesman for .kxis Bank Lid.
Abhijeet Infrastructure
has
been named in the Comptrol-
ler
and Auditor General of In-
dia (CAG) list of 57 companies
over
irregularities in the allot.
meot of three coal blocks
in
Jharkhand.
mediately.
care
teaoa,"
fr Q
wit
hoot o:ombo
ato tot 04 outsido
Cethi-FOCR
of
exposure
around
crore to the group, hut
has Z3,200 crore of collateral.
This person added that some
of 881's
associates, too, may
have some exposure to the
group. 581 has had
a
relation.
ship with the group for at least
20 years, he said.
Earlier
buoked
this
five
had been
week,
Cat
companies
allotted
coal
that
blocks
the basis of misropresenta
TOPNTOPAGE Is-.
ALSO SEE
group for various projects im-
en
otto, it Oet°itOCß
an
2,200
for tlae Abhi'
Joel Group said he was unable
to provide details on the status
of the loatts obtained by the
Miiitis aIo ava!
has
on
A spokesman
I :n4auitW'i4
tilled, State Bank of India (SBI)
This matter is takthe finance
by
of
lie spokesman said.
According to
a
senior bank-
er, who didn't want to be idea
Coal blocks The wdlkely wlmters
>P4
Jlndallobbiedfor coalblock.
but didn't
got It'PS
'daysawal
Ideco lieces CRI probe Into
Iron ore block
>105
Government worried
about loans to miners
FROM PAGE 1
tions and
them
false claims. Among
Jas Infrastructure,
is
subsidiary
of
the
Banks have already
been hit hard by
a
Abhijeet
the 2G scam and
Group, which is setting up the
Banka project.
face the threat of
las, JLD Yavatmal Energy Ltd
and
AMR Iron and
Steel Pvt.
Ltd, three of the five compa
p
1
nies named by CBI in its first
m ani
wave of bookings—the agency
has said there will be more,
with
five
expected
shortly—
have
a
common
director,
Manoj layaswal.
CAG said
in
trillion in
dining
its report
that
1
i
creiauits uy power
fiscal 2012. After de
to
2.4%
proportion
of
in
2008,
bad
the
assets
to
delays in the competitive bid
loans
in
ding process may have result
system
has risen to 2.94% in
And, as pointed out in
ed
in
"financial
gains
to
the
2012.
the
Indian
banking
tune of
1.86 trillion" for pri
the
vate coal
block allottees. Mint
22 August (www.livcrnint.com/
Banker's
had reported on 18 March 2008
about significant irregularities
Reserve
in
ment
the
Union
government's
award
of coal blocks to private
sector firms.
For
banks, the
coal
Trust
badatset.htzn),
flank
that
a
column
going
of
by the
of India's assessfifth
of restruc-
tured loans go bad, and factoring
in the
2.18
trillion of re
versy couldn't
structured loans on the books
of banks as on 31 March, the
hard by the ZG scam and face
banking system
contro
have come at a
worse time. They have been hit
the threat of
companies.
defaults
by power
The non-perform
ing assets, or bad loans, of In
dian banks
rose 46% to U. 37
proportion of bad
loans
could
in
rise
the
to
3.87%.
anup.r@livernint. corn
Ruchira Singh in New
Delhi
_
_
_
_
_
_
_
_ _ _ _ _ ___ _
_ __
gra*otnt
io
tigiggirn
(xJ'QlcHcbgrogj
fltiqlgeii
ZISTCJ*aIItftU
gp4u
flcft
'lOkfltJltt
___
cN%3hllCcJcff
ftanio
acqicol
aitt,
tI
*58
iR
fRRfI
ffil
,$çkflc.f
ITR
ñ rii
Vit
TTITIT
4,rigl
tt1993
tt
liti
anfqfl flqjfl
mQ
tqiei
*r+i3nt
sqj
fiw
'811
kii'O
*rEf
9Ttf
t
j
*11 fl
arcgr*
*Wrnl
t
tl4n
Mlili ti
*ft
Fgnl,
fl*iii.
tiW, 2013
Tiñzins
tr ant~r fin
t'imn
fli
9
gfqu
3?
kliiili
Ifl tblfi,
4sijkgi at
'*if
t-2 ifi
sc'iiç-i
Ti,_'tifi
tgiqclcirafl
s, fWi*
iIIHci
cir
*v-4,iicig
:ftrizy
wif,
3T
qlgii 'jfitf
i,
'tk9
at
zaT%24efli
sfl4kii t
witn,fi'
7
kli.u-q
195
fil9* cvl4cii
dcllcl
kwtts,ooo
s.
ft
**ct,'igcii
14iciiz
fiit
R4
Z1
ITtßtiT*lfl4
dwj (41t$)
*
lis 4MPI4fIT
flaijqi
Siftu
ie,
ii'
45
311T
fii t, ri;
Tk*T3TI4Z
15
jiltittiff*4t'Aurii
St
qqij4iiiq*
iiffriqj
14ht
4'uQig
rrk4latl
Thflaiiz*
ti4lifl
15
(ypffifl'
4ii:
$ f4 (tqi4l)
iflw4t
wftd
ilciici
aii
____________
___________________
tiiwien
iflf-ni
ut
iti 3*
'Hf9tt
m
f
c4,gj4
i
!j
t
___
1
4fnii
R9T3lt
I
fl:311
i
W!
qIQIRI
*i
fueni
31,
nlLilld
iBIR
IIRt
Q5
I
giq'iii
'I-
lfllfl9flqt
4*'
4ni
fl3
&ti
Firms may
have falsified
equipment
Firms may have used fak
power equipment orders
orders to get
coal blocks
EROMPGEI
B
to
Several
al-
companies
lotted
blocks
coal
captive
their,
for
projects claimed
placed
orders
generation
power
to
for
have
equipment
Chinese
manufac-
turers
to strengthen their
candidature—only, these
were not really orders.
engineering,
and
curement
tion
pro-
construc-
couldn't
reach
Dongfang Electric and
Harbin
fies a supplier and awards
the
contract,
doesn't become
but
this
an order
till the former pays an adand sets a delivery
vance
date.
There were many who
claimed
placed
that
they
orders
EPC
had
with
manufacturers
Chinese
such as Dongfang Electric
Corp. and
1-larbin Power
Equipmentto. Ltd to improve their chances.
they
firm
But
placed any
never
orders.
That's
a
question that needs to be
asked," said the chief executive
officer of a private
sector
power
spoke
firm
condition
on
who
This
seems
knowledge
business,
couldn't
common
in the
-
although
TURN TO PAGE 3
power
Mint
immediately
Equipment
Power
Between
for
June
2004
and
allotted
coal blocks on a
195
nomination
basis
"Coaiminlstplaces
Twotypesofailotteeswereableto
advertisements in newspapers
seeking applications from those
interestedincoalbiocks.
secure captive coal blocks,
"
31
March 2011, the coal ministry
such as Essar
Power,JlndalsteeiandPowerLtd
Companies apply stating the
and GMR Energy Ltd had tojostle
end-usepurposeforthecoal,
alongwithiesser-knownflrmssuch
alongwithrecommendationsby
asPawanjaySteeiandPowerLtdfor
stategovernments.
thebiocksthatwereglvenforfree.
Screeningcommittee
various
to
Established companies
Whiiethemajorutilitieswantedto
firms for captive use. Of these,
comprising representatives
secure fuel supplies for their projects,
114 blocks
were
to
from the coal ministry, state
companies
developing power
governments, line ministries
the lesser-known entities were
primarily aiming at monetizing
(such as power, steel),
assets, which resulted in windfall
awarded
projects.
Delhi-based
A
modus
"The
operandi
suppliers
Central Mine Planning
power sector
expert, who also didn't want to
be
identified, confirmed the
andi said,
tave
don't
a
money was
paid. To be
Things such
orders.
equipment
or
land
blocks,
didn't prohibit changes in equity.
made
as
a
ladder (in
allotment proc
move
Amol Kotwal,
terns practice)
although
made
nobody
selection.
power
and
the
and
Sullivan,
sector ex
companies
said,
who
largely because of the inability
local manufacturers to meet
growing demand, India has al
ready decided to impose
blocks
basis
of
and
false
allocated
nivance/lack
of
on
Howev
GB! said in a release.
it
imperative
is
that
authorities need
the
to
progress on
necessary actions if
The Central
tigation
required."
Bureau of
(GB!)
has
Inves
registered
five cases over alleged irregu
larities in allocation to and uti
an
lization of coal
import duty on power genera
vate companies.
mines
by pri-'
on
the
of
Chinese
and con-
due diligence
through
concerned
the
getting
claims in the applica-
tions, presentations
part
with
to
misrepresentations
benefited
the project on ground and take
While power utilities placed
coal
operandi.
modus
look at the actual
orders for overseas equipment
connection
allegations related
this
that this was common
of
lot of
"The cases have been registered in
blocks have
er,
prac
"A
have got coal
pert, who, too, spoke on condi
tion of anonymity, confirmed
tice.
di
for South Asia
Middle East at Frost
One
a lottery."
associate
(energy and power sys
knew
the case and then it
was
A second
lnterestingiy,theallocationletter
tion equipment in a
that
will benefit domestic flrms.
rector
process of
doing
allocatedintheflrstplace.
the coal block
the
successful in
recommendationsfor
allotments.
"Coalministniallocates
company go up the
ess),
gains.They were
so without investing in building the
proiectsforwhlchthebiockswere
fair, it
is extremely difficult to verify
such
and the
and
Design institute make
problem to issue such a letter.
The question is whether any
on
anonymity.
immediately
comment.
(EPC) contract works
like this: the buyer identi-
in a bid
strengthen their case. Mint
also
power
with
An
placed
to have
for power equipment
NEW DELHI
it
Allocation process Windfall gains for
for coal blocks
lesser-known firms
RUCHIRA SINGH &
UTPAL BIIASXAR
public servants,"
imports
rela-
are
tively cheaper because
equip-
ment makers from that country
benefit from low interest rates
and an
undervalued currency.
Undervaluing
the
currency
makes exports cheaper and in-
creases demand of products.
ruchira.s@!ivemint.com
Sahil Makkar contributed to
tlits story.
g'i
S
i74
aW4t
fl
(fIW)
a
(I2IRIRRI
ftt4Rl4444lt4lfn
WRTh'4ufltnhmfl
WVti*k
I
friiiñata
iThnnt,
"IT
RIRR4II4I*Ik3IIt%*RR
ad**rs!n
v,t,vdi
*tiriik
flqviw
ilii,flf4
iinqM
aitt
qFdI
9ttci!Tt~V*n
aTWfI
qrnunm
atm
ttrntflfla
sgflfl
tctir
t
flall
TflWdlT4
THFW
q1
ni
tttw
mnMw***
wona
w
t,w
1a.9'
i*t
stlvl*,l*aTn
9rtlmßn
'nifl
wfldsß
a.yd ?jt 3
gqtoflßß
ftJant,fl34
ff4R4I4C
tafqrnifrflfn
.
.4
*S
.
C¼'
,
t'pr,.
RI'11m
fl
r
4RI
RI
44m1915f1114
rIRI
tifvnNt
t,mfta
I'!
WI 114" II
tnmfnßl
RWM*
a4mTRI
tt,4RtRIRI
RI sftt
Rlm
RRI? 41
141RInt11T
I4R4RRI
IRII 1RI*I
qflht
iß¼wmlmt,
_
__ __
+H-IILT6TI dISPt
3.IIJIrICJJ-11 cti +IJICJ
lIolcJ
S
it
ccl
d4ar 7
t
Hl+q
.Mi
iQ1II* ZIN
T
11Ioii
Ildlel
dluldlgle
aüwi'giodrai
tilWi
flizl3T4t
Thlt3T*
ti
v
wiç
I
g'iil
flfl
la-th
9fs iI9T*
t,
f*nwazilti
arqt
agfii
t'ifPii
*I4'ii
aiq
fiii
9R9r
awir
931
if
aiqm
Mtreiriitf4iw4Tft4t
.'jiiik
lf~uwfti
i
fttzqu
*3lflT
31nT2ui
V__
ci{V34Nft
urwii 'vi
fiuiii
d 1
I
3t*9flT
wt'
WI,2OIOfTtTT
'''iwmn
IrThTT
I.i4iui
Taitq
Nt
Zl7t'Ttlljftal
~ftffiMnzT.
Hl@l*%ffi
I
i3IIIT
Ii?T$?lR
mlilkcr
fl't
n'twfg
&*tU
$9 ftilT I
ktt44l4t?
9satfta
IdluknT,
'n
TT
'W Thftt'
u*Vrnff
Set
t
B
ftaTRaTR
t'qfliwg'v
TkN
q
ni
Fi3i
ffnn
ti*
~
fnfl4t
u''cii.
fmt
fi,
ari
Rlcfl
n
ifl
aiiq
wth
fllt
119
*Eia?r9T
liii
nt
(wtq
ThN9tlli
a ana
win
*
~
ww
Tfl9
tl4TTffi
Vt
WTI
*,
tift
~
4ft
inPni
flf*
MVIMI
-t
Z9T
utlßa
t
tftfk
tit2lTtiß
in
1i4'1I1t $*
t
9TMIIITtUI
ifl*flai
MIIn9ITM
I
ITRT*TItZR
zci&
i
g
ewe afl4f #
ti
N
13lf1tta
iri,lfl
t9q9f
ftuini24
9lii
?4
4tiO ria
i
"lz;Tlfl9
~
iñc
it,
IZ9T
I
tltN
IRI li
t wi
t
mit *tw
144 ~im
*T*WjI (4)
ftg
I
Nlgselrtla
wIRiIu
i
jci,i('i
sii
ftif;ifit
a
4u
iq
fNiMi
WIIFT
ipiflit I
tft'h
WI*T%nM *l(tiü%l
~twi
IB*1i