Coal Scam: Industrialist Naveen Jindal, ex-Jharkhand CM Madhu Koda and others get bail from special court

New Delhi(PTI): The Special Court on Friday granted bail to Congress leader and industrialist Naveen Jindal, ex-Jharkhand Chief Minister Madhu Koda in Jharkhand’s Amarkonda Murgadangal coal block allocation case.

Along with Jindal and Koda, the court also granted bail to former Minister of State for Coal Dasari Narayan Rao, former Coal Secretary HC Gupta and six others.

The next date of hearing has been fixed on June 1.

Granting bail, the court said that the accused cannot leave India without getting its permission.

In its charge sheet, CBI has alleged that Jindal had promised Congress support to the then “unstable” Madhu Koda government in Jharkhand in return for a recommendation for allocation of Amarkonda Murgadangal coal block to his group firms.

Koda, then an independent MLA, was chief minister of Jharkhand from September 14, 2006 to August 23, 2008 with the support of Congress, RJD and others.

The judge had earlier observed that the charge sheet filed by the CBI prima facie showed that Jindal had played a “pivotal role” in the conspiracy to procure allotment of the coal block in favour of his two group firms, Jindal Steel and Power Ltd (JSPL) and Gagan Sponge Iron Pvt Ltd (GSIPL).

The court had said that prima facie offences under section 120-B (criminal conspiracy) read with sections 409 (criminal breach of trust by public servant), 420 (cheating) of the IPC read with section 13(1)(c) and 13(1)(d) (criminal misconduct by a public servant) of the Prevention of Corruption Act were made out against all the 15 accused.

After the court had summoned the accused, JSPL in a statement had said: “We deny all allegations made against our company and its management. We will be availing of appropriate remedy in accordance with law. We have full faith in our judiciary and are confident to come out clean during the process.”

Posted by on May 22, 2015. Filed under Nation. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.