Coal block allocation: Patnis’ firm suppressed trouble with I-T, says CBI
The Income Tax department had also alleged then that Vimal Patni and his son Vikash Patni did not file their returns since 1998. Both have been named in CBI’s FIR registered against Vikash Metal.
Impex Group also came under the scanner of the Central Excise department in 2005. The company had been accused of concealing the stock of sponge iron at its Bolpur godown in West Bengal.
CBI said it is examining the documents seized during the raids and will soon summon the directors of Vikash Metal for questioning.
In its FIR against Vikash Metal, the CBI alleged that “poor credentials” of the company which included the tax litigation were suppressed by its directors while applying for the coal block at Moira-Madhujore (North and South) in 2009 in West Bengal.
Agency sources said coal ministry officials initially ignored this and allocated the coal block. However, they soon realised their mistake and tried to cancel the coal block by using the joint venture clause.
A letter dated August 24, 2009 (a copy of which is with The Indian Express) was issued by the ministry to six private
Be the first to comment.