Save
PrintAsian Age reported that 50 heads of major iron ore export companies could be in the dock with the CBI registering 22 FIRs in the last week of October on the Belekeri port scam. Besides these private individuals the CBI is expected to target officers of the mines and geology and forest departments for involvement in the iron ore export scam.
The premier investigating agency has arrested 26 persons, including former minister Mr Gali Janardhan Reddy and sitting MLAs Mr Anand Singh, Mr B Nagendra, Mr T H Suresh Babu since registering 5 FIRs in September on the illegal export of 50 lakh tonne of iron ore from the Belekeri port.
But it is throwing its net much wider under the 22 FIRs registered recently with 15 companies, 6 partnership firms and 2 proprietary concerns now under investigation.
The companies include Adani Enterprises, VSL Mining Private Limited, Bharat Mines and Minerals Limited, MSPL, Rajmahal Silks, Arshad Exports, Printex Exports and Greentex Mining Industries. Cases have reportedly been registered against them under the Mines and Minerals Act, 1957 and Karnataka Forest Act 1963.
The CBI has taken action against the 22 companies as they have allegedly exported over 50,000 tonne of illegally mined iron ore.
Together, these firms are supposed to have exported around 21 lakh tonne of illegally mined iron ore.
The agency has, however, referred 39 other firms which have exported less than 50000 tonne of the ore to the Karnataka government for action. Officers of the Economic Offences Wing of the CBI from New Delhi, Mumbai and Chennai have been roped in to probe the export scam considering the large number of financial offences involved.
Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
- [Editor:editor]
Daily News
Research
Magazine
Company Database
Customized Database
Conferences
Advertisement
Trade
Tell Us What You Think