A CBI special court here on Tuesday convicted five persons in connection with a coal scam case related to Lalgarh (North) coal block allocated during the Atal Bihari Vajpayee government in 2003, officials said.
The CBI special judge convicted Binay Prakash, the then managing director of Ranchi-based Domco Pvt. Ltd.; the then directors Vasant Diwakar Manjrekar and Paramananda Mondal; chartered accountant Sanjay Khandewal and the company Domco Pvt. Ltd.
The court will arguments on the quantum of sentences on Wednesday.
“This case was registered on the basis of a preliminary enquiry initiated by CBI on the directions received from CVC related to coal blocks allocated during the period from 1993 to 2005.