The Central Bureau of Investigation on Tuesday filed another chargesheet against industrial and former MP Naveen Jindal and three others in a case involving the allocation of the Urtan North coal block in Madhya Pradesh. This is the second chargesheet the CBI has filed against Jindal in less than a month.
The court has asked Jindal and the others, along with representatives from Jindal Steel and Power Ltd to appear before it on September 4. Jindal has been charged with criminal conspiracy and cheating.
On April 29, the CBI had filed a chargesheet against Jindal and 14 others in the Amarkonda Murgadangal coal block allocation matter. The chargesheet centres on a transaction in 2008 where a company owned by former directors of the Naveen Jindal Group, and then by Jindal himself, gave an unsecured loan of Rs 2.25 crore to a nondescript trading company called ND Exim. This company then used the Rs 2.25 crore to buy shares of a company owned by Rao on extremely generous terms.
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