Koda was chargesheeted for offences of criminal conspiracy and cheating
Former Jharkhand chief minister Madhu Koda was chargesheeted on Friday, as accused by the Central Bureau of Investigation (CBI), in the coal blocks allocation scam case.
Koda was chargesheeted for offences of criminal conspiracy and cheating. Besides Koda, former Jharkhand chief secretary Ashok Kumar Basu and six others have also been booked by the probe agency.
The Court has fixed December 22, as the date for considering the CBI's chargesheet in the case.
Earlier, the CAG follow-up report pertaining to revenues of the Jharkhand government had stated that Madhu Koda, then chief minister of the state, had allegedly meddled with the recommendations of a screening committee for coal allocation in the state.
The CAG report had blamed both the Centre and Koda for changing the recommendations for allocation of six coal blocks in Jharkhand.
Koda seemingly had made changes in the list of companies recommended by the screening committee, which had gone through 210 applications to finally approve 10 of them. Koda, moreover, took out names of three companies, and added five new companies in the final list, which was approved by the Centre later. He did so without stating any reasons for the change.
The CAG had sought response from the Jharkhand Government about this in 2012 but to no avail.
Koda was questioned by the CBI officials this April in connection with their probe into coal blocks allocation scam.
Earlier, Koda was also questioned for his alleged role in allocation of Amarkonda Murgadangal coal block in Birbhum.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam

Fiercely independent and pro-consumer information on personal finance.
1-year online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.

Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.

Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )
