Coal Case: Kumar Mangalam Birla Says 'Let CBI Do Its Work'

Friday, 29 November 2013, 06:14 Hrs
cmt right
Comment Right
cmt right
cmt right
Printer Print Email Email

New Delhi: Aditya Birla Group head Kumar Mangalam Birla, who is named in the FIR in the alleged coal block allocation scam, said the CBI or Central Bureau of Investigation should be allowed to do its job.

"Let CBI do its work. It is not fair for me to comment on that," Mr Birla said after meeting Finance Minister P Chidambaram.

The industrialist had met Mr Chidambaram earlier on October 18 and November 5 and Law Minister Kapil Sibal last week.

The CBI had named Mr Birla and former Coal Secretary PC Parakh in its FIR charging them with criminal conspiracy and corruption in connection with alleged irregularities in the allocation of coal blocks eight years ago

The investigating agency alleged in its FIR that after rejection of Birla group firm Hindalco's plea in 2005, Mr Birla wrote two letters and held a "personal meeting" with then Coal Secretary Mr Parakh, after which a decision was reversed and Hindalco was given a coal block that was meant for two public sector undertakings -- Mahanadi Coal Fields and Neyveli Lignite.

Also Read:
India Inc's 10 Most Successful Turnaround Tales
5 Companies That Modernized India


Source: PTI
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..