19TH CONVICTION IN COAL BLOCK ALLOCATION CASES
Face2News/New Delhi
CBI Court Convicts M/s JAS Infrastructure Capital Pvt. Ltd. and its Director Manoj Kumar Jayaswal; in Coal Block Allocation case 19th Conviction in Coal Block Allocation cases
The Learned Special Judge (Coal Cases), Rouse Avenue Courts, New Delhi has convicted two accused M/s JAS Infrastructure Capital Pvt. Ltd and its Director Manoj Kumar Jayaswal; today i.e. 06.06.2025 in coal block allocation case. This is the 19th conviction in coal block allocation cases investigated by CBI.
Initially, the Central Bureau of Investigation (CBI) had filed final report (closure) in the case on 20.11.2014. The Hon’ble Special Court however took cognizance and framed charges against the following accused:
M/s JAS Infrastructure Capital Pvt. Ltd., Manoj Kumar Jayaswal, H.C. Gupta, K.S. Kropha , K.C. Samaria
The allegations in the case were that the accused private persons, namely the promoters of M/s JAS Infrastructure Capital Pvt. Ltd., had made false and misleading claims regarding the financial net worth of the company, and further misrepresented the appraisal and syndication of debt by financial institutions, with a view to securing the wrongful allocation of a coal block.
It was further alleged that material facts concerning the previous allocation of coal blocks to other group or associate companies were deliberately concealed in the application and feedback forms. The company had also dishonestly projected the net worth of unrelated third-party companies- Inertia Iron & Steel Industries Pvt. Ltd. and IL&FS- as its own, both in its application and during the presentation made before the Screening Committee for the allocation of Mahugarhi Coal Block.
In the course of trial, the CBI examined 18 prosecution witnesses in support of its case. Upon completion of the trial, the Learned Special Judge (Coal Cases), Rouse Avenue Courts, New Delhi, found M/s JAS Infrastructure Capital Pvt. Ltd. and its Director Shri Manoj Kumar Jayaswal guilty of the offences charged. The 3 public servants in the case have been acquitted. Arguments on the quantum of sentence will be heard on 08.07.2025.
The CBI remains steadfast in its commitment to ensuring accountability and transparency in public administration and bringing to justice all those involved in criminal misconduct.