CBI likely to quiz narendra jindal this week

New Delhi: CBI is likely to question Congress MP Naveen Jindal this week in connection with its FIR against him and his company for alleged cheating while applying for coal block.

According to the FIR, Jindal Steel and Power Limited and Gagan Sponge Iron Ltd, also a firm belonging to Jindal, had bagged Amarkonda Murgadangal coal block in Jharkhand in 2008 by alleged misrepresentation of facts when Rao was the Minister of State for Coal.

Within a year, a block was allocated to JSPL in January 2008, CBI sources claimed, noting that shares of Rao’s firm Saubhagya Media listed at Rs 28 that time were purchased by one of Jindal’s firm — New Delhi Exim Ltd — at a whopping Rs 100 per share with total investment of nearly Rs 2.25 crore which is alleged to be illegal gratification.

Besides Jindal and Rao, CBI has also booked JSPL Gagan Sponge Iron Ltd, Jindal Realty and ND Exim and Rao’s company Saubhagya Media.
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