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CBI charge-sheets Nava Bharat Power
CBI charge-sheets Nava Bharat Power, P Trivikrama Prasad, coal scam case, Nava Bharat Power Pvt Ltd. The Supreme Court Bench headed by Justice R M Lodha persuaded the CBI to file the charge-sheets early, observing that if the investigating agency wanted they can do it faster.
- Names its directors P Trivikrama Prasad and Y Harish Chandra Prasad
- Files status report on inquiries and progress of probe into the scam
- SC asks the agency to file 5 more charge-sheets by March 28
- As per CAG, scam caused `1.86 lakh cr loss to exchequer
New Delhi: The Supreme Court on Monday asked the CBI to file five more charge-sheets before March 28, when the case will be heard again. Its direction came when the CBI filed the status report in the coal scam case. The CBI filed in a Delhi court the first charge-sheet in the scam against Nava Bharat Power Pvt Ltd and its two directors - Trivikrama Prasad and Y Harish Chandra
The Supreme Court Bench headed by Justice R M Lodha persuaded the CBI to file the charge-sheets early, observing that if the investigating agency wanted they can do it faster. The CBI should be interested in finishing off the whole work and take it to the logical conclusion.
The CBI also informed the apex court about the permission sought from nine States, which were reluctant in allowing the agency to conduct probe in their jurisdiction. The CBI wanted four weeks, arguing that some more investigation has to be made. Arguing that if the probe was hurried, it would be "botched up," CBI counsel said wanted time till April 10. Common Cause counsel Prashant Bhushan objected to it, saying that it would clash with the election programme.
Prashant Bhushan objected to such a long adjournment, alleging that the CBI wanted to take it beyond the poll. He said that six charge-sheets are ready, according to CBI itself.
Earlier, the court heard counsel for the Central Vigilance Commission, CBI, activist Vineet Narain and Prashant Bhushan, on the question of insulating the investigating agency from governmental interference. The CVC stated that it would abide by whatever the Supreme Court directed it to do.
The CBI has already filed 16 First Information Reports (FIRs) which includes those against AMR Iron and Steel, JLD Yavatmal Energy, Vini Iron and Steel Udyog, JAS Infrastructure Capital Pvt Ltd, Grace Industries, Jindal Steel and Power, Rathi Steel and Power Ltd, Jharkhand Ispat, Green Infrastructure, Kamal Sponge, Pushp Steel, Hindalco, BLA Industries, Castron Technologies and Castron Mining and Nava Bharat Power Private Limited.These FIRs were registered after the agency probed three preliminary enquiries related to coal block allocation between 2006 and 2009, 1993 and 2004 and projects given under a government scheme. The CBI, probing the scandal, stated that precious coal blocks were allotted arbitrarily to beneficiaries close to the government. According to the Comptroller and Auditor General (CAG), an estimated loss of Rs 1.86 lakh crore was caused to the national exchequer in the scam.
