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Coalgate: Bail for industrialist Jindal, 14 others

10/15/2018

New Delhi, A city court granted bail on Monday to Indian National Congress leader-industrialist Naveen Jindal and 14 others in a prevention of money laundering case arising out of an allocation of a Jharkhand coal block. The case, filed by Enforcement Directorate, pertains to the allocation of the Amarkonda Murgadangal coal block in Jharkhand. Besides the business tycoon, the other accused included: Anand Goel, the then adviser Jindal steel and power ltd, Mumbai's Essar Power ltd's executive vice-chairman Sushil Kumar Maroo, Nihar stocks ltd's Director BSN Suryanarayan, Mumbai-based KE International's chief financial officer Rajeev Aggarwal and Gurugram-based Green Infra's vice-president Siddharth Madra, K Ramakrishna Prasad, Rajiv Jain and Gyan Swaroop Garg. Special Judge Bharat Parashar, after hearing arguments on behalf of both sides, granted bail to all 15 accused on a personal bond of Rs 1 lakh and one surety of like amount each.

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