Why are the Corporate Players Missing in Coalgate Dispute?

Bangalore: The recent ‘coalgate’ debate that has been cradled by political and media people, tend to avoid the corporate players who were supposed to be profited from the arbitrary coal block allocations. These companies are believed to be tied up with the central government based on some schema and are thus supposed to have caused a presumptive loss of 1.85 lakh crore to the national exchequer. These companies could bag 57 out of around 190 coal blocks without auction between 2004 and 2009.

Political parties have taken over the matter to fight in the House, after the recent big controversial stories of 2G scam and Commonwealth Games scam that involves the UPA government. Meanwhile media have taken up the role of Parliament as the ultimate forum for a national debate and have been asking ‘probing’ questions to all involved. But amid all these heated up discussions the high profile corporate companies who have actually benefitted from the illegal coal blocks allocations seem to be playing a safer game hiding up.

The CAG report has brought up the unholy nexus between private companies and the government. Though the charges against these companies are pretty serious, we know almost nothing about their stand on the issue. We do not know whether they are wary of their own possible wrong doings or whether they do not care and their reluctance to assert themselves leaves them under a cloud.

While the ruling party has been pulled into the hot-seat several times by the rivals over the issue, these corporate giants have escaped without having even meager scars on them. The media too, for obvious reasons, treat them like innocent infants.