In coal case against Naveen Jindal, Bail granted to five accused

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An special court today allowed bail to five blamed named by the CBI in its supplementary charge sheet in a coal scam case against Congress leader and industrialist Naveen Jindal and others.

Special CBI Judge Bharat Parashar today conceded the alleviation to the blamed – Jindal Steel’s consultant Anand Goel, Gurgaon-based Green Infra’s Vice-President Siddharth Madra, Nihar Stocks Ltd Director BSN Suryanarayan, Mumbai-based KE International’s Chief Financial Officer Rajeev Aggarwal and Mumbai’s Essar Power Ltd Executive Vice-Chairman Sushil Kumar Maroo.

The case relates to designation of Amarkonda Murgadangal coal obstruct in Jharkhand.

The names of these five people were uncovered by Singhal, a CA, who was prior chargesheeted by the CBI as blamed for the situation.

The court had summoned them additionally as blamed in the wake of taking cognisance for the supplementary charge sheet documented by the CBI on March 24.

Other than Jindal, the case additionally includes previous Minister of State for Coal Dasari Narayan Rao and ex-Jharkhand Chief Minister Madhu Koda.

The court had before directed the CBI to speedily document its further test report.

CBI had claimed that Koda had favored Jindal assemble firms – Jindal Steel and Power Ltd (JSPL) and Gagan Sponge Iron Pvt Ltd (GSIPL) – in designation of Amarkonda Murgadangal coal block in Jharkhand.

All the blamed had denied the assertions leveled against them and said there was no proof to demonstrate that there was any intrigue amid the coal block allocation process.

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