CBI Case Against Former CMD Of PEC, Raids On 11 Locations

CBI case against former CMD of PEC, raids on 11 locations.

The Central Bureau of Investigation (CBI) on Friday raided 11 locations and launched a search operation after registering a case against AK Mirchandani and others.

AK Mirchandani is the former chairman and managing director of public sector company PEC Ltd.

Searches were conducted at locations in Delhi, Thane, Guwahati, and Ghaziabad in which incriminating documents and articles were found.

CBI case against former CMD of PEC: All these people are accused of causing a loss of Rs 56.89 crore to the government company.

The CBI has registered a case against Mirchandani, other officials of PEC, Odisha-based Maa Tarini Industries Limited, and its directors Piyush Sengar, Bhupendra Das, and Mayank Dhar.

Central probe agency spokesperson RC Joshi said that public sector and private sector officials have misappropriated Rs 56.89 crore of government money in connivance.

Wrongly paid for the supply of iron ore and coal to Odisha-based private company and PEC suffered due to this.

Apart from Mirchandani, other employees of PEC who have been made accused include former chief general manager Rajiv Chaturvedi.

Former general manager DK Gupta, former chief marketing manager DK Gupta, former chief marketing manager PK Bhatia.

Supreme Court constituted a bench to hear DMRC’s petition, there is a case of cutting of trees

The Supreme Court on Friday told the Delhi Metro Rail Corporation (DMRC) that a bench has been constituted to hear its plea.

DMRC has claimed in the petition that construction work of some of its projects in the NC  has come to a halt due to non-receipt of permission to cut trees and it is incurring a loss of Rs 3.5 crore per day.

A bench headed by Chief Justice NV Ramana told Solicitor General Tushar Mehta that the matter is under the notice of the court and a bench has been constituted.

Mehta expressed satisfaction with this. He had also sought an early hearing on the petition on September 7.

It may be mentioned that the expansion project of DMRC’s fourth phase in the national capital requires the cutting of many trees.

For this, the corporation has marked more than 10 thousand trees, but it has not yet got permission to cut them.