Coal scam case: Ispat directors sentenced to four years imprisonment

| Monday, April 4, 2016 - 17:56
First Published |
Coal scam case: 4 years imprisonment for JIPL Directors

New Delhi: A major development in the Coal scam case has been witnessed. Jharkhand Ispat Pvt Ltd's Directors RS Rungta and RC Rungta have been sentenced to four years imprisonment by the Patiala House Court. 
The court has also imposed a fine of Rs. five lakh each against the convict and a fine of Rs. 25 lakh on the company, JIPL.
The two directors of JIPL have been found guilty for criminal conspiracy and misrepresenting facts regarding the allocation of the North Dhadu coal block in Jharkhand.
Special judge Bharat Parashar was quoted as saying that the facts presented by the Rungta brothers were false and that they were presented with the intention of getting a higher priority by the screening committee in the allotment of the project. 
JIPL and its directors, Rungta brothers, were facing trial for misrepresenting certain facts such as, the land under their possession and the productive capacity of the land. This was done in order to prioritise themselves in the list of those being selected for the coal allocation block. However, the court has now sentenced them to four years of imprisonment. 

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