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CBI registers two new cases against private firms

CBI has charged Grace Industries, Vikash Metals for alleged misrepresentation of their net worth
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First Published: Sat, Sep 22 2012. 04 58 PM IST
A file photo of a coal mine. Photo: Hindustan Times
A file photo of a coal mine. Photo: Hindustan Times
Updated: Sun, Sep 23 2012. 03 50 PM IST
New Delhi: The Central Bureau of Investigation (CBI) on Saturday registered two fresh cases against two private companies in its ongoing probe into the coal block allocation scam and carried out searches at seven locations across the country.
The probe agency has charged Grace Industries and Vikash Metals and Powers Ltd for alleged misrepresentation of their net worth and joint venture to illegally get coal blocks, CBI sources said.
The sources said raids are being carried out at seven locations in Kolkata, Nagpur, Purulia and few other places.
The managing directors of these companies and unknown government officials have been charged with cheating, criminal conspiracy and under sections of Prevention of Corruption Act, they said.
Earlier, the CBI had registered five cases this month in this connection. The cases were registered against AMR Iron and Steel Private Ltd, JLD Yavatmal Energy Ltd, Navabharat Power Pvt. Ltd, Vini Iron and Steel Udyog Ltd and JAS Infrastructure Capital Pvt. Ltd.
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First Published: Sat, Sep 22 2012. 04 58 PM IST
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