What is the current state of coal levy case in Chhattisgarh according to the Adjudicating Authority
Adjudicating Authority has confirmed the attachment of ₹152.31-crore worth of assets in connection to the 'illegal' coal levy case in Chhattisgarh.
- Adjudicating Authority has confirmed the attachment of assets worth INR 152.31 crore
- These assets are allegedly linked to the illegal collection of coal levy by Pithampur-based company Pushp Steels and Mines Pvt Ltd in collusion with some government officials
- The company is accused of collecting INR 157 crore as coal levy between 2007 and 2014 without any legal authority
- The attachment of assets, which includes bank accounts, land, machinery, and equipment, was ordered under the Prevention of Money Laundering Act (PMLA)
- The Enforcement Directorate, which is investigating the case, has said that the accused made fictitious entries in bank accounts to conceal the illegal collection of coal levy
- The PMLA case is still ongoing and the accused have denied any wrongdoing
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a year ago