Arappor Iyakkam wants probe into coal deal involving Adani Group

Chennai: The NGO Arappor Iyakkam wrote to chief minister M K Stalin requesting to begin investigation into the alleged coal scam to the tune of 6,066 crore, involving Adani firms during the previous AIADMK government. This comes in the backdrop of Hidenburg’s negative report on Adani Group. In their complaint which has been submitted to the finance minister as well as the DVAC, Arappor Iyakkam said that it has already submitted complaint along with supporting documents in 2018 and 2019, but the investigation agency did not register any FIR so far.Jayaram Venkatesan, the convenor of the Arappor Iyakkam, said, “DVAC has the standard response that they would look into the complaint., but there is no follow-up action.” He said the inquiry into the malpractices can no longer be delayed in the light of Hindenburg report against Adani Group. In their complaint, the organisation has named former AIADMK minister Natham Viswanathan and others, and submitted supporting documents as to how the tender conditions were changed after 2011 in order to favour Adani Global Pte Ltd and a small coterie of firms importing coal. The complaint has attached evidence of how Adani Global Pvt Ltd and a few others were handed over tenders at least $15 to $20 more than the market rate per metric tonne of coal and how TNPL imported similar quality coal in the same month as Tangedco at average of $19.15 less than Tangedco per metric tonne. The organisation has also highlighted the CAG report on the poor quality of coal in one third of the consignment.
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