Coal block case: CBI files chargesheet against Naveen Jindal, Madhu Koda

The Central Bureau of Investigation on Wednesday filed a charge sheet against industrialist Naveen Jindal, former Jharkhand chief minister Madhu Koda, ex-coal minister of state Dasari Narayan Rao, former coal secretary H.C. Gupta and others in the coal block allocation case in a court in Delhi.

The charge sheet was filed before Special Judge Bharat Parashar, who posted the matter for Thursday for the court's consideration.

The probe agency has named Jindal, Koda, Rao, Gupt with six other individuals and five companies as accused in the case.

The CBI has formally charged them with criminal conspiracy, cheating and various provisions of the Prevention of Corruption Act.

The case relates to allocation of Jharkhand's Amarkonda Murgadangal coal block to Jindal Steel and Gagan Sponge. 

In a statement issued after the CBI filed the chargesheet against the company, JSPL in a statement to the BSE said , "We are shocked to know from the media about filing of a charge sheet by the CBI with respect to allocation of a coal block. The company claimed that the allocation was made to it on merit. During the course of the investigation, the company and its officials fully co-operated with the authorities, and whenever asked, explained and provided all the supporting documents. We deny all allegations made against our company and its management. We will be availing appropriate remedy in accordance with law. We have full faith in our judiciary and are confident to come out clean during the process."