India

CBI Investigates Corruption Case Involving MEIL and Other Companies

The Central Bureau of Investigation (CBI) has registered a case of corruption against MEIL, NMDC Limited, NISP Limited, and MECON Limited, involving allegations of significant donations made by MEIL to various political parties through electoral bonds and payments made in exchange for favors related to a project in Chhattisgarh.

At a glance

  • CBI registered a corruption case against MEIL, NMDC Limited, NISP Limited, and MECON Limited.
  • Allegations involve significant donations made by MEIL to political parties through electoral bonds.
  • Investigation initiated based on a complaint by NMDC’s chief vigilance officer regarding a project in Chhattisgarh.
  • Payments were allegedly made to officials in exchange for favors, including clearance of bills and invoices.
  • Case sheds light on potential corruption in contract awards and influence of money in politics.

The details

The Central Bureau of Investigation (CBI) has registered a case of corruption against MEIL, NMDC Limited, NISP Limited, and MECON Limited.

The case involves allegations of significant donations made by MEIL to various political parties through electoral bonds.

An FIR was registered on March 31, naming several officials from these companies.

The investigation

was initiated following a preliminary inquiry launched on August 10, 2023, based on a complaint by NMDC’s chief vigilance officer.

The allegations center around a contract awarded to MEIL for a project in Chhattisgarh.

It is alleged that payments were made to officials in exchange for various favors, including the clearance of bills and invoices.

Fake vouchers were reportedly prepared by the company in some instances.

The CBI has accused officials of receiving payments in exchange for providing favors.

NMDC Limited is said to have paid over ₹174.41 crore to MEIL with respect to 73 invoices raised by MEIL and Mr. Sangras until December 2018.

This case

sheds light on the potential corruption in the awarding of contracts and the influence of money in the political sphere.

The investigation is ongoing, and further details are expected to emerge as the case progresses.

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Facts attribution

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thehindu.com
– CBI registered a case of corruption against MEIL, NMDC Limited, NISP Limited, and MECON Limited
– MEIL donated significant amounts to various political parties through electoral bonds
– FIR was registered on March 31, naming several officials from MEIL, NMDC Limited, NISP Limited, and MECON Limited
– Preliminary inquiry was launched on August 10, 2023 based on a complaint by NMDC’s chief vigilance officer
– Allegations involved a contract awarded to MEIL for a project in Chhattisgarh
– Payments were allegedly made to officials for various favors, including clearance of bills and invoices
– Fake vouchers were allegedly prepared by the company in some cases
– CBI alleged that officials received payments in exchange for favors
– NMDC Limited paid over ₹174.41 crore to MEIL with respect to 73 invoices raised by MEIL and Mr. Sangras till December 2018

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