Coal allocation scam :Madhu Koda and three others sentenced to three years' jail
New Delhi, Dec 16 (IBNS) : A special CBI court in Delhi has sentenced former Jharkhand chief minister Madhu Koda to three years' imprisonment in a coal block allocation scam, reports said.
Similar punishment was awarded also to fomer coal secretary H C Gupta and two others.
Special Judge Bharat Parashar pronounced a fine of Rs 50 lakh on the errant company Kolkata-based firm Vini Iron & Steel udyog Ltd.
Koda has been fined Rs 5 lakh and Gupta for Rs 1,00,000 or 2 months.
A fine of Rs 45 lakh has been imposed on Koda's close aide Vijay Joshi, and Rs 1,00,000 on ex-Jharkhand chief secretary A K Basu.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
