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India: CCI sees resignation following coal probe

 |  June 13, 2013

A member of the Competition Commission of India and the nation’s former coal secretary HC Gupta has reportedly resigned his position in the competition watchdog, says a source. Gupta was head coal secretary during the years the sector was under watch from regulators for allegations of “irregularities” in the allocation of coal blocks. CBI, the body investigating those irregularities, was reportedly given permission to question Gupta concerning the allegations, shortly before Gupta submitted his resignation. He had been with the competition regulator since 2009. According to reports, files went missing that detailed 68 coal blocks allotted to 151 coal conglomerates between 2006 and 2009, the years Gupta served as coal secretary.

Full Content: Hindustan Times

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