Coal scam: CBI files FIR against Grace Industries, Vikash Metals

The agency has booked Grace Industries and Vikash Metals and Powers Ltd for fudging financial statements to get coal blocks, sources in CBI said.

Coal scam: CBI files FIR against Grace Industries, Vikash Metals
NEW DELHI: The Central Bureau of Investigation ( CBI) has registered fresh cases against two private companies in its ongoing investigations against irregular allotment of coal blocks.

The agency has booked Grace Industries and Vikash Metals and Powers Ltd for fudging financial statements to get coal blocks, sources in CBI said.

The sources said raids are being carried out at seven locations including Kolkata, Nagpur, Asansol, Purulia and Chadarpur.

Sourses said cases have been registered against promoters and management these companies and unknown government officials.

CBI had registered five cases early this month for irregularities in coal blocks allotment.

The companies cases registered were AMR Iron & Steel Private Ltd, JLD Yavatmal Energy Ltd, Navbharat Power Private Limited, Vini Iron & Steel Udyog Ltd and JAS Infrastructure Capital Private Ltd.
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