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The coal allocation scam, dubbed in the media as Coalgate, is a major political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector enterprise (PSEs) and private companies.
17 hours ago · The Enforcement Directorate (ED) has also simultaneously probed the coal scam case and has taken a number of accused into custody. All the accused, arrested by ED, have also managed to secure bail.
Aug 4, 2022 · Coal Scam One Of India's Biggest Scams, Says CBI Seeking Maximum Punishment Convicts. CBI during arguments submitted that loss to the tune of Rupees 1.86 Lakh Crore to the Govt. Exchequer. (CAG...
Oct 13, 2020 · The 2G spectrum scam and the coal blocks allocation cases were among the reasons that the UPA II government came to be perceived as corrupt. Comptroller and Auditor General (CAG) reports on the two matters had put the loss to exchequer at Rs 1.75 lakh crore and Rs 1.8 lakh crore respectively with the latter being called “the mother of all ...
May 20, 2017 · A judgment which convicted three former coal ministry officials for corruption in one of the cases related to the coal scam on Friday has also given a huge relief to former Prime Minister...
Mar 30, 2016 · What is the so-called coal scam? It refers to alleged irregularities in the allocation of 194 coal blocks to private entities which, the CAG estimated, resulted in a loss of Rs 1.86 lakh crore to the exchequer. It was alleged that private companies made gains due to the lack of bidding between 2004 and 2006.
Aug 8, 2022 · A special CBI court on Monday awarded a 3-year imprisonment sentence to former coal secretary HC Gupta in a coal scam case of irregularities in the allocation of a Maharashtra coal block to a Nagpur-based private company.
