Special CBI court convicts Ranchi firm, 4 employees in Lalgarh coal scam

A special court on Tuesday convicted five persons in connection with an alleged coal scam case related to Lalgarh (North) coal block allocated in 2003, saying they acted in a synchronised manner and conspired to cheat both the ministries of coal and steel to get the allocation in favour of their Ranchi-based company.

The court convicted Binay Prakash, then Managing Director of Domco Private Limited, Ranchi, Vasant Diwakar Manjrekar and Paramananda Mondal, both then Directors of Domco Private Limited, Sanjay Khandewal, a chartered accountant in Kolkata and the company Domco Pvt. Ltd. in the coal scam case. The court will decide on the quantum of punishment on September 15.