* June 12, 2012 - Economic Times reported that the Comptroller and Auditor General's final report on the allocation of coal blocks has concluded the government did not follow a transparent policy in selecting beneficiaries and was
wrong in ignoring a 2004 recommendation by the secretary in the coal
ministry that mines should be awarded through competitive bidding.
* June 11, 2012 - The CBI, which is probing coal blocks scam, may examine members of screening committee which was part of the coal blocks allocation process, to take their help in understanding the alleged irregularities in the coal block allocation and their utilization by the allottees.
* June 10, 2012 - Rejecting Team Anna’s demand for a special investigation team (SIT) to probe charges of corruption against prime minister Manmohan Singh and 14 other cabinet ministers of the UPA-II, the prime minister’s office (PMO) sternly told Anna Hazare that the present system is sufficient to deal with the issues raised by his team.
* June 9, 2012 - Former Coal Secretary PC Parakh said corruption in coal allocation cannot be ruled out. Documents show that the PM-led energy coordination committee (ECC) decided to invite fresh application for allocations without auction.
* June 9, 2012 - Deepening its probe into the coal block allotment ‘scam’, the CBI is in the process of examining allocations made from 2005 to 2008 to private companies with the Prime Minister's approval. The documents sought from the Ministry of Coal has revealed that 66 coal blocks were allocated to private companies between 2005 to 2008 with an approval of screening committee which was then cleared by PMO.
It also emerged that the maximum number of allocations were made in 2007 and 2008 during which 15 and 16 coal blocks were allotted. The CBI has also sought the list of the private companies, which were allocated the blocks and would now examine their role. It is alleged that the firms were 'ineligible' for allocation and some of them used front companies as well.
* June 7, 2012 - The CBI is set to begin field investigations into the alleged coal block allocation scam, as part of its preliminary inquiry to ascertain whether there were irregularities in allocating these blocks to private companies between 2006 and 2009.
* June 6, 2012 - Social activist Anna Hazare demanded an independent inquiry into the over 155 coal blocks that were given away during the time when the ministry was under PM Manmohan Singh.
The activist said he did not want the CBI, but a known supreme court judge, to inquire into the coalgate at the Centre.
* June 1, 2012 - Team Anna on Friday dismissed as pretence the CBI investigation into the irregularities in the coal block allocation and alleged such a probe is meant to give a clean chit to Prime Minister Mahmohan Singh. "The CBI is under the government. Here the Prime Minister is accused. How will the CBI investigate the Prime Minister? It is laughable, it is a pretence. We know the outcome of this probe. It will say that the Prime Minister has not done anything wrong. It will give clean chit to Singh," Team Anna member Arvind Kejriwal told reporters in Ghaziabad.
* June 1, 2012 - Prime Minister Manmohan Singh will not be scrutinized for alleged irregularities in the allocation of coal blocks between 2006 and 2009, the CBI said. The probe agency will 'scrutinise' two points — misuse of allocation of coal blocks and misuse of coal blocks by private companies.
* June 1, 2012 - In a strong rebuttal to charges by team Anna, Coal Minister Sriprakash Jaiswal said there was no scam in allocation of coal blocks and his department was not aware of any CAG report on the issue. "There is no CAG (Comptroller and Auditor General) report with me...There is no scam in allocation of coal blocks," Jaiswal told reporters.
* June 1, 2012 - CBI starts enquiry in complaint of coal block scam. The CBI on Friday initiated a preliminary enquiry in connection with the alleged irregularities in the utilisation of coal blocks allocated to private companies between 2006 and 2009. The agency has registered the PE, which is the first step of initiating the CBI probe, against unknown persons in connection with a complaint referred to it by the Central Vigilance Commission (CVC).
The Commission had forwarded the complaint of BJP leaders Prakash Javadekar and Hansraj Ahir who had alleged that first-come-first-serve basis was adopted by the government to benefit some private companies. The complaint also alleges that there was a delay of nearly two years in auctioning process and claims that the ministry had done so to benefit some private players. The complaint also alleged that allocation of blocks to 156 companies was not proper as they had handed over operations to other companies at a premium.
It is also alleged the allottees of coal blocks did not start production themselves and outsourced the operation to third parties at a premium and pocketing the benefit. In his complaint, Ahir had alleged that the price of 1,700 crore metric tonne of coal worth Rs 51 lakh crore was given almost free to private companies. In a statement last year, the BJP had alleged revealed that 51 companies were allotted coal blocks in 2006, 19 companies in 2007, 41 companies in 2008 and 32 companies in 2009, at a rate of Rs 50 per metric tonne. Read more...
* May 31, 2012 - CVC refers coal block allocation case to CBI for probing the alleged irregularities in coal block allocation process adopted by the Centre and related issues. According to the leaked draft CAG appearing in the media, government's failure to auction 155 coal blocks between 2004-09 may have resulted in windfall gains to the tune of Rs 10.7 lakh crore to power companies, some of them PSUs.
* May 29, 2012 - Strongly rebutting Team Anna's allegations of corruption against him, Prime Minister Manmohan Singh offered to quit public life and face any punishment if charges on coal block allotments are proved.
* May 27, 2012 - Dismissing allegations of corruption against the Prime Minister levelled by Team Anna, Union Coal Minister Sri Prakash Jaiswal today said all decisions on allocation of coal blocks were taken with the consent of the state governments in a transparent manner.
* April 2, 2012 - DNA investigations: Scam of coal blocks sold in black. According to the investigation, unscrupulous businessmen have been minting money at the cost of the industry and the exchequer, thanks to a faulty mining policy. Many companies which had got coal blocks at various points of time for setting up iron and steel plants have since sold the allotted blocks for huge gains rather than going ahead with these projects. Read more...
* March 22, 2012- CAG Vinod Rai admitted to the existence of a "draft report" which a newspaper published to claim that there was an estimated loss of over Rs10.7 lakh crores in allotment of coal blocks between 2004 and 2009.
* March 22, 2012- The CPI(M) demanded that the CAG report on coal block allocation be tabled in Parliament without delay and necessary actions initiated to recoup the losses to the national exchequer.
* March 22, 2012- The estimated Rs10.67 lakh crore loss to the exchequer in allotment of coal blocks in an initial CAG report kicked up a storm both inside and outside Parliament today with BJP demanding a CBI probe.
* March 22, 2012- Prime Minister Manmohan Singh said the Comptroller and Auditor General (CAG) has clarified there is no report and maintained there was no no need for him to clarify in Parliament.
* July 19, 2006 - The decision by ECC to invite fresh allocations to private players was taken. The decision was taken just nine days before the law ministry was to revert with its final opinion recommending bidding.
###TO BE UPDATED...###
* June 11, 2012 - The CBI, which is probing coal blocks scam, may examine members of screening committee which was part of the coal blocks allocation process, to take their help in understanding the alleged irregularities in the coal block allocation and their utilization by the allottees.
* June 10, 2012 - Rejecting Team Anna’s demand for a special investigation team (SIT) to probe charges of corruption against prime minister Manmohan Singh and 14 other cabinet ministers of the UPA-II, the prime minister’s office (PMO) sternly told Anna Hazare that the present system is sufficient to deal with the issues raised by his team.
* June 9, 2012 - Former Coal Secretary PC Parakh said corruption in coal allocation cannot be ruled out. Documents show that the PM-led energy coordination committee (ECC) decided to invite fresh application for allocations without auction.
* June 9, 2012 - Deepening its probe into the coal block allotment ‘scam’, the CBI is in the process of examining allocations made from 2005 to 2008 to private companies with the Prime Minister's approval. The documents sought from the Ministry of Coal has revealed that 66 coal blocks were allocated to private companies between 2005 to 2008 with an approval of screening committee which was then cleared by PMO.
It also emerged that the maximum number of allocations were made in 2007 and 2008 during which 15 and 16 coal blocks were allotted. The CBI has also sought the list of the private companies, which were allocated the blocks and would now examine their role. It is alleged that the firms were 'ineligible' for allocation and some of them used front companies as well.
* June 7, 2012 - The CBI is set to begin field investigations into the alleged coal block allocation scam, as part of its preliminary inquiry to ascertain whether there were irregularities in allocating these blocks to private companies between 2006 and 2009.
* June 6, 2012 - Social activist Anna Hazare demanded an independent inquiry into the over 155 coal blocks that were given away during the time when the ministry was under PM Manmohan Singh.
The activist said he did not want the CBI, but a known supreme court judge, to inquire into the coalgate at the Centre.
* June 1, 2012 - Team Anna on Friday dismissed as pretence the CBI investigation into the irregularities in the coal block allocation and alleged such a probe is meant to give a clean chit to Prime Minister Mahmohan Singh. "The CBI is under the government. Here the Prime Minister is accused. How will the CBI investigate the Prime Minister? It is laughable, it is a pretence. We know the outcome of this probe. It will say that the Prime Minister has not done anything wrong. It will give clean chit to Singh," Team Anna member Arvind Kejriwal told reporters in Ghaziabad.
* June 1, 2012 - Prime Minister Manmohan Singh will not be scrutinized for alleged irregularities in the allocation of coal blocks between 2006 and 2009, the CBI said. The probe agency will 'scrutinise' two points — misuse of allocation of coal blocks and misuse of coal blocks by private companies.
* June 1, 2012 - In a strong rebuttal to charges by team Anna, Coal Minister Sriprakash Jaiswal said there was no scam in allocation of coal blocks and his department was not aware of any CAG report on the issue. "There is no CAG (Comptroller and Auditor General) report with me...There is no scam in allocation of coal blocks," Jaiswal told reporters.
* June 1, 2012 - CBI starts enquiry in complaint of coal block scam. The CBI on Friday initiated a preliminary enquiry in connection with the alleged irregularities in the utilisation of coal blocks allocated to private companies between 2006 and 2009. The agency has registered the PE, which is the first step of initiating the CBI probe, against unknown persons in connection with a complaint referred to it by the Central Vigilance Commission (CVC).
The Commission had forwarded the complaint of BJP leaders Prakash Javadekar and Hansraj Ahir who had alleged that first-come-first-serve basis was adopted by the government to benefit some private companies. The complaint also alleges that there was a delay of nearly two years in auctioning process and claims that the ministry had done so to benefit some private players. The complaint also alleged that allocation of blocks to 156 companies was not proper as they had handed over operations to other companies at a premium.
It is also alleged the allottees of coal blocks did not start production themselves and outsourced the operation to third parties at a premium and pocketing the benefit. In his complaint, Ahir had alleged that the price of 1,700 crore metric tonne of coal worth Rs 51 lakh crore was given almost free to private companies. In a statement last year, the BJP had alleged revealed that 51 companies were allotted coal blocks in 2006, 19 companies in 2007, 41 companies in 2008 and 32 companies in 2009, at a rate of Rs 50 per metric tonne. Read more...
* May 31, 2012 - CVC refers coal block allocation case to CBI for probing the alleged irregularities in coal block allocation process adopted by the Centre and related issues. According to the leaked draft CAG appearing in the media, government's failure to auction 155 coal blocks between 2004-09 may have resulted in windfall gains to the tune of Rs 10.7 lakh crore to power companies, some of them PSUs.
* May 29, 2012 - Strongly rebutting Team Anna's allegations of corruption against him, Prime Minister Manmohan Singh offered to quit public life and face any punishment if charges on coal block allotments are proved.
* May 27, 2012 - Dismissing allegations of corruption against the Prime Minister levelled by Team Anna, Union Coal Minister Sri Prakash Jaiswal today said all decisions on allocation of coal blocks were taken with the consent of the state governments in a transparent manner.
* April 2, 2012 - DNA investigations: Scam of coal blocks sold in black. According to the investigation, unscrupulous businessmen have been minting money at the cost of the industry and the exchequer, thanks to a faulty mining policy. Many companies which had got coal blocks at various points of time for setting up iron and steel plants have since sold the allotted blocks for huge gains rather than going ahead with these projects. Read more...
* March 22, 2012- CAG Vinod Rai admitted to the existence of a "draft report" which a newspaper published to claim that there was an estimated loss of over Rs10.7 lakh crores in allotment of coal blocks between 2004 and 2009.
* March 22, 2012- The CPI(M) demanded that the CAG report on coal block allocation be tabled in Parliament without delay and necessary actions initiated to recoup the losses to the national exchequer.
* March 22, 2012- The estimated Rs10.67 lakh crore loss to the exchequer in allotment of coal blocks in an initial CAG report kicked up a storm both inside and outside Parliament today with BJP demanding a CBI probe.
* March 22, 2012- Prime Minister Manmohan Singh said the Comptroller and Auditor General (CAG) has clarified there is no report and maintained there was no no need for him to clarify in Parliament.
* July 19, 2006 - The decision by ECC to invite fresh allocations to private players was taken. The decision was taken just nine days before the law ministry was to revert with its final opinion recommending bidding.
###TO BE UPDATED...###
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