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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. In a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of ...
Coal Scam Allegations: [42] Naveen Jindal faced allegations of involvement in the coal allocation scam in India, alongside ex-Minister of State for Coal Dasari Narayan Rao and others. The CBI filed a final report in further probe directed by a special court, citing certain disclosures made by a chartered accountant seeking to turn approver.
Website. cbi.gov.in. The Central Bureau of Investigation (CBI) is the domestic crime investigating agency of India. [4][5] It operates under the jurisdiction of the Ministry of Personnel, Public Grievances and Pensions. Originally set up to investigate bribery and governmental corruption, in 1965 it received expanded jurisdiction to investigate ...
The latest scam that has come out is the coal mining scam in which the government has had a presumable conservative loss of Rs 1.86 trillion (short scale), due to the delayed implementation of a competitive bidding process for allotment of coal blocks, says the Comptroller and Auditor General of India (CAG).
The Times of India. 7 June 2008. Archived from the original on 9 May 2013. ^ "Teachers' recruitment scam: Pleas to make 4 IAS officers, teachers accused rejected". The Times of India. 28 March 2012. Archived from the original on 9 May 2013. ^ "No headway in Rs 16,000 cr submarine scam probe". Archived from the original on 28 September 2013.
The Punjab National Bank Fraud Case relates to fraudulent letter of undertaking worth ₹12,000 crore (US$1.4 billion) issued by the Punjab National Bank at its Brady House branch in Fort, Mumbai; making Punjab National Bank liable for the amount. [1] The fraud was allegedly organized by jeweller and designer Nirav Modi.
The Fodder Scam was a corruption scandal that involved the embezzlement of about ₹940 crore (equivalent to ₹ 48 billion or US$570 million in 2023) from the government treasury of the north Indian state of Bihar. [1] Among those implicated in the theft and arrested were then Chief Minister of Bihar, Lalu Prasad Yadav, [2] as well as former ...
The audited report of the C&AG of India is a conclusive and exhaustive evidence of the irregularities in allocation of coal blocks and is irrelevant and independent of PAC (public accounts committee). The CBI has been conducting raids at the alleged company HQ's. Even if that isn't enough, all the recent news organizations refer it by scam.