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Orissa mine scam could be worth more than Rs 14k cr

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  • Orissa mine
    Evidence shows the real scam was mining in excess of the limits set by the authorities.

    While Orissa vigilance sleuths and mines department officials are scratching their heads trying to find out the extent and dimensions of the mining scam, official documents reveal that the magnitude of the scam could be anything over Rs 14000 crore.

    The Central Empowered Committee of the Supreme Court headed by former bureaucrat PV Jayakrishnan would soon start investigating the violation of forest laws following a petition by Orissa-based journalist Rabi Das.

    However, CEC chairman Jayakrishnan said the panel has not got the formal notification of the probe order as yet. "We will decide about the modalities of the probe and the dates after we see the notification," he told The Indian Express.

    But the fact is that the scam goes beyond violation of forest laws only. Evidence available with The Indian Express shows the real scam was mining in excess of the limits set by the authorities. This violated the existing environmental laws.

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    Documents brought under the RTI Act showed that over last 6-7 years more than dozen leading mining and steel companies dug out excessive quantities of iron, chromite and manganese ores in wanton disregard of existing laws and limits. It’s no secret they could do it due to lax supervision of officials of the Orissa Pollution Control Board, Indian Bureau of Mines, state mines department, forest department, district collector and Ministry of Environment and Forests.

    Any mining company before digging up even a handful of earth in the ore-rich areas has to obtain a Consent to Operate (CTO) certificate from the Orissa Pollution Control Board which stipulates the amount of ore that can be mined in a year. The limit is specified with an eye on collateral environmental damage that mining brings as the waste and overburden (the earth that needs to be excavated for extracting the ore) is normally 3-5 times of the actual mineral.

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    Next1234
    illegal mining and mystries fireBy: soman | 16-Nov-2009 Reply | Forward On October 2nd early morning mystries fire has taken place in Poabs illegally holding very old tea factory originally belongs to Ram bahadur Thakur Limited. Orginal value of that old factory only worth maximum Rs. 10 lakhs only. But now mining company Poabs claim is Rs. 6Crores Only. Few people of this community spoling entire nation and public money. Some Good Anti Corruption organisation should interfere and stop this type of illeal benifit. Put the culprits inside the bars please.
    ram bahadur thakur By: bharath raman | 15-Nov-2009 Reply | Forward Regarding RBTL partner mining company Poabs holding an estate in Kerala through illegal auction.Even today they could not register the estate.Ref. Legal opinion No.118/09/AAG, signed by Additioanal Advocate general, Kerala. But they got RS.200 crores as purchase loan from federal bank and got the disbursement also without any security.In India if you money you can get anything with the help of politician.
    ram bahadur thakur limitedBy: pimmaiah k p | 15-Nov-2009 Reply | Forward Mining company Poabs 200 crores cheating from the Federal Bank is a shocking news. Not only that this 200 crores sanction gone to a newly open partnership firm with only two directors, but with out any margin money or security.Kickback involvement is very high. Definity key people from the bank also involved. Why Reserve Bank of India or CBI is num about this Loan Account.
    Orissa mine scamBy: N. Sridharan | 15-Nov-2009 Reply | Forward Violations and frauds take place with the connivance of and in collution with the authorities concerned. Donation to the political parties, bribes to the politicians and officials are the means by which mouths are shut, till somebody who has not got a due share of the loot blows the whistle. Some scape goats are sacrificed and the real offenders go scot free. Any legal proceedings will take ages to be completed and the wilful criminals will be declared innocents for want of evidence. That is how things work in India. How does any one think the money stashed in Swiss Banks was generated?
    Nothing new.....everyone knew it By: Arun | 14-Nov-2009 Reply | Forward There's nohing new with this event. Whom to blame when everyone is corrupt. God save us....from ourselves.
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