The agency also booked unknown government officials in the FIRs.
A case of misrepresentation of facts and cheating has been filed against both companies. Green Infrastructure, which was rechristened Athena energy ventures in 2009, showed a tie-up with MMC BERHARD Malaysia, which has a net worth on R4,600 crore. But during the probe, we found that the document inviting expression of interest (EoI) wasn't a legally binding document," said a CBI officer.
"The original net worth of Green Infrastructure was just R 2 lakh when it was allocated a coal block, the officer added.
Athena energy had set up Athena Chhattisgarh Power (ACPL), a special purpose vehicle (SPV) for developing and implementing a 1200-MW power project based on domestic coal, in Chhattisgarh.
The company, which was allocated Fatehpur east coal block in 2008, is promoted by Hyderabad-based Karvy group, a leading financial services provider. A part of Fatehpur east captive coal block was allocated to Congress MP Vijay Darda, whose company JLD Yavatmal Energy also features in an FIR filed by the CBI in September.
The second case has been filed against Kamal Sponge Steel and Power. The company was allocated Thesgudda (B) Rudrapuri coal block in Madhya Pradesh in 2008. During the course of our investigation, it was found that the company misrepresented facts in its books of accounts. While an unaudited balance sheet showed its net worth at R55 crore, the undisclosed audited balance stated its net worth to be Rs 16 crore. The company also inflated its production capacity by 25%, the officer added.