CBI files case in Rs 487 cr coal import scam

New Delhi, Jan 23 : The CBI has registered a case against some officials of NTPC, MMTC, APCPL and others for cheating the government exchequer of Rs 487 crore by importing inferior quality coal from 2011-12 to 2014-15, an official said on Tuesday.

The central probe agency registered the FIR on Monday taking cognizance of the Directorate of Revenue Intelligence's investigation in the importing of inferior quality coal of Indonesian origin while showing it as superior quality.

In its FIR, the Central Bureau of Investigation (CBI) named Ahmed A.R.

Buhari, promoter of Chennai-based Coastal Energy Pvt Ltd, unidentified officials of National Thermal Power Corporation (NTPC), Metals and Minerals Trading Corporation (MMTC) and Aravali Power Company Pvt Ltd (APCPL).

NTPC and MMTC are Central government undertakings while APCPL is a joint venture company where NTPC owns 50 per cent of its stake and 25 per cent each is owned by the Haryana and Delhi governments.

The accused have been booked under charges of criminal conspiracy, criminal misconduct by public servants and cheating of the Indian Penal Code.

"The unidentified officials of NTPC, APCPL and MMTC entered into criminal conspiracy with the officials of Coastal Energy Pvt Ltd and others with the view to cheat the Indian government in the matter relating to import of coal of Indonesian origin by fraudulently showing inferior quality of coal as that of superior quality," the CBI FIR said.



Source: IANS