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Delhi Court Grants Bail To Jindal, 14 Others In Coal Scam Case

By LawStreet News Network      15 October, 2018 12:00 AM      0 Comments
Delhi Court Grants Bail To Jindal, 14 Others In Coal Scam Case

A Delhi court on October 15, 2018, granted bail to industrialist and Congress leader Naveen Jindal and 14 others, accused of money laundering in a case pertaining to irregularities in the allocation of a Jharkhand coal block.

Special Judge Bharat Parashar granted bail on a personal bond of Rs. one lakh and one surety of the like amount.

Besides Jindal, those granted relief are Jindal Steel and Power Ltd's then adviser AnandGoel, Mumbai's Essar Power Ltd's Executive Vice-Chairman Sushil Kumar Maroo, Nihar Stocks Ltd's Director BSN Suryanarayan, Mumbai-based KE International's Chief Financial Officer Rajeev Aggarwal and Gurgaon-based Green Infra's Vice-President SiddharthMadra.

Those arrayed as accused also include K Ramakrishna Prasad, Rajiv Jain and GyanSwaroop Garg.

The case is pertaining to the allocation of the Amarkonda Murgadangal coal block in Jharkhand filed under the provisions of the Prevention of Money Laundering Act, 2002.



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