CBI to investigate role of states in Coalgate
The investigating agency is understood to have sought information from the Coal and Power Ministry on the allotment of coal mines to 220 companies from 2005 to 2008. The agency will also probe signing of the MoU`s with private partners.
CBI will also look into if a fair allocation was made on the mines, sources said. According to the CAG report, private companies have earned profit whopping Rs 4,79000 crore from the alleged irregularities, while some government agencies have made profit to the tune of Rs 5,88000 crore.