Coal scam: Six accused granted bail in Domco Pvt Ltd’s case

A special court today granted bail to three directors of Ranchi-based company, M/s Domco Pvt Ltd, and three others in a coal scam case in which they are accused of misrepresenting facts to acquire a coal block in Jharkhand.

The court allowed the bail applications of the firm’s three directors, Binay Prakash, Vasant Diwakar Manjrekar and Parmananda Mondal, chartered accountants Manoj Kumar Gupta and Sanjay Khandelwal and one Shukdeo Prasad after they appeared before it in pursuance to summons issued against them.

Special CBI Judge Bharat Parashar granted bail to them on a personal bond of Rs one lakh each with one surety of the like amount.

The court asked CBI to supply copies of documents and the charge sheet to the accused and fixed the matter for March 16.

The six accused and the firm were summoned by the court for alleged offences of cheating and criminal conspiracy under the IPC after it had taken cognisance of CBI’s charge sheet.

During arguments, the lawyers representing the accused said their clients were not arrested during the probe and claimed that no loss was suffered by the government.

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