Corporate sector crime update Jharkhand: Usha Martin in CBI circle in Ghatkuri mines case

  • CBI is searching for Usha Martin managing director Rajiv Jhanwar
  • Usha Martin’s MD for handling and bribing illegal mining case

Ranchi : The CBI has arrested Ranchi-based chartered accountant Vinay Jalan and an ex-CBI official NMP Sinha for allegedly taking bribe of Rs 25 lakh to influence an ongoing investigation of a case lodged against Usha Martin Limited company in 2016.

The agency’s anti-corruption unit, New Delhi, on October 2, registered a case in this regard against six accused, including the company’s managing director Rajiv Jhawar.

According to a press release issued by the CBI on October 4, the agency had laid a trap, in which Jalan and Sinha were caught exchanging Rs 25 lakh. The CBI team also recovered the money, which Jalan had given to Sinha on behalf of the company, from the latter’s residence.

The duo has been arrested. After producing them before the court, the CBI took the accused under police custody for interrogation till October 9.

The agency also carried out search and seizure operations at eight different locations connected with the six accused in National Capital Region (NCR) and Ranchi and seized several incriminating documents and cash.

Earlier on September 20, 2016, the CBI had registered an FIR against Usha Martin Limited and one ID Paswan, the then director (mines) of Jharkhand government, for allegedly extracting iron ores in excess to sanctioned quantity from Ghatkuri Mines in West Singhbhum district.

The former CBI superintendent of police (SP) Sinha was the supervisory officer of the said case till his retirement on August 31, 2020.

According to the CBI, Raj Kumar Kapur, authorised signatory of Usha Martin, is representing the company in India on behalf of Rajiv Jhawar.

“They (Kapur and Jhawar) are actively pursuing the case through Vinay Jalan, who assured them that he will get the investigation moulded in their favour through his contacts in CBI,” the agency’s FIR reads.

“On September 23, 2020, Sinha met Jalan at hotel ITC Maurya, New Delhi. During his presence, Jalan asked his son Parth Jalan to prepare a reply to the summons issued by the CBI to the company and asked him to meet Sinha on his next visit to New Delhi,” the FIR said.

The CBI charged that there was a demand of Rs 50 lakh from the accused company to manage the investigation.

Following this, the agency laid the trap and arrested Jalan and Sinha in the bribery case.

News Source : HT Ranchi

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