Coal Scam: Madhu Koda Gets 3 Year Imprisonment

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Ranchi: A special CBI court in Delhi has sentenced former Jharkhand chief minister Madhu Koda and his former coal secretary H C Gupta to 3-year imprisonment.

Koda has also been slapped with a fine of Rs 25 lakh while a Gupta has been fined Rs.1 lakh; three others to appeal in the high court.

Former Jharkhand chief secretary A K Basu and Vijay Joshi, a close aide of the then chief minister, were also awarded jail term of three years for indulging in corrupt practices and hatching criminal conspiracy in allocation of Rajhara North coal block in Jharkhand to a Kolkata-based private company, Vini Iron and Steel Udyog Ltd (VISUL).

Special judge Bharat Parashar convicted the private firm and imposed a fine of Rs 50 lakh. The convicts including Koda, however, were granted statutory bail for a period of two months to enable them to file appeals in the Delhi High Court challenging the conviction and the jail term.

The case is related to alleged irregularities in the allocation of the Rajhara North coal block in Jharkhand to Kolkata-based firm Vini Iron and Steel Udyog Ltd (VISUL). The CBI had previously alleged that the VISUL had applied for allocation of the coal block in January 2007.