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Moneylife » Life » Public Interest » Coal & Iron-Ore Mines: Greedy FIIs ignored governance issues

Coal & Iron-Ore Mines: Greedy FIIs ignored governance issues

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Sucheta Dalal | 20/09/2012 02:28 PM | 

FIIs, coal scam, coal auction,infrastructure,

It was the FIIs who got a chance to party hard through coal allocations, flouting basic governance practices

Does the Congress party really think it would be able to explain away the gargantuan coal-mine-allocation scam if parliament were allowed to function? Indeed, we the people were unaware of how exactly this scam worked. Probably because we were so focused on the iron-ore scam unravelling in Karnataka, Goa and Jharkhand that we didn’t really notice what was happening in coal. Also, in a situation where a constitutional body like the Comptroller & Auditor General (CAG) faces...


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