Nagpur: The Special Judge for Central Bureau of Investigation (Coal Cases II), Rouse Avenue Courts, New Delhi has convicted a Nagpur-based private company M/s B S Ispat Ltd and its two Directors namely Mohan Agrawal and Rakesh Agrawal in a case related to allocation of Marki Mangli Coal Block situated in Maharashtra, to said accused company M/s B S Ispat Ltd, Nagpur.
The CBI had registered a case on March 31, 2015 on allegations that the accused persons submitted false information regarding existence of the Company while submitting application for the coal block and also during processing of the application for allocation of the coal block. The coal block was allocated for captive use in the proposed Sponge Iron Plant of three lakh tonnes per annum capacity.
It was also alleged that the company had misappropriated the use of coal for other purposes than for which it was allocated. After completion of investigation, a charge sheet was filed against the accused on July 24, 2018. The Court held the accused guilty after trial and the arguments on sentence will be heard on Tuesday.
This was the 16th case related to the alleged coal scam in which the court pronounced its judgment.
Special Judge Sanjay Bansal held the accused — B S Ispat Ltd, Mohan Agrawal and Rakesh Agrawal — guilty under Sections 420 (cheating) and 120-B (criminal conspiracy) of the IPC, noting that the prosecution had proved the case beyond any reasonable doubt.
The convicts face a maximum punishment of a seven-year jail term, while the court is likely to impose a fine on the company.
“All the three accused persons i.e. the company, B S Ispat Ltd., Mohan Agrawal, along with Rakesh Agrawal, are hereby held guilty and convicted for the offence under Sections 120-B IPC read with 420 IPC. All the three accused are also held guilty and convicted for the substantive offence u/s 420 IPC,” the judge said.
The prosecution was represented by Special Public Prosecutor R S Cheema, Additional Legal Advisor Sanjay Kumar and advocate A P Singh DLA.
