PRAYAGRAJ: The Allahabad high court has handed over a probe to CBI into an alleged fertilizer subsidy scam of Rs 1,200 crore. It is alleged that huge funds were transferred by fertilizer manufacturers to distributors without any actual supply.
The Rs 1200 crore scam was committed in 1998-99, 1999-2000 in Uttar Pradesh and an FIR was lodged on September 10, 2004, against 20 accused with Kotwali Fatehgarh Police station of Farrukhabad district.
Hearing a petition filed by one Avinash Kumar Modiwho has challenged the chargesheet filed against him in this case, Justice Gautam Chaudhary observed, “The investigation appears to be defective and keeping in mind the mis-appropriation of huge amount of public money the court is of the opinion that the matter requires further investigation.”
While fixing March 21 as the next date of hearing, the court directed the CBI to further investigate the matter against the accused named in the FIR as well as the chargesheet. Besides, in its order dated February 16, the court directed the CBI to place a progress report with regard to the same before this court on the next date of listing.
The petitioner, who is one of the accused in the scam, had sought for quashing of the entire criminal proceedings in the case against him. He contended that the economic offenses wing (EOW), which is probing the case, had made him a scapegoat by leaving big fishes aside. It was the specific plea of the applicant that high government officials were involved in the scam and the company which actually received the benefit of the scam by claiming the subsidy had been exonerated.
In 2000, the UP government issued a letter regarding a scam of Rs. 1200 crore in the subsidy to the manufacturers of fertilizers without actual supply of fertilizers by the manufacturers to the distributors. It was alleged in the letter that loss had been caused to the state exchequer and in compliance to an order passed by additional chief secretary, agricultural, an investigation was conducted in this alleged scam.
In the investigation, it was revealed that during financial years 1998-99 and 1999-2000, the sale and purchase of several tons of single super phosphate was found to be false and thus embezzlement of huge money had been calculated and the subsidy claimed from the government on false and frivolous transactions.
The Rs 1200 crore scam was committed in 1998-99, 1999-2000 in Uttar Pradesh and an FIR was lodged on September 10, 2004, against 20 accused with Kotwali Fatehgarh Police station of Farrukhabad district.
Hearing a petition filed by one Avinash Kumar Modiwho has challenged the chargesheet filed against him in this case, Justice Gautam Chaudhary observed, “The investigation appears to be defective and keeping in mind the mis-appropriation of huge amount of public money the court is of the opinion that the matter requires further investigation.”
While fixing March 21 as the next date of hearing, the court directed the CBI to further investigate the matter against the accused named in the FIR as well as the chargesheet. Besides, in its order dated February 16, the court directed the CBI to place a progress report with regard to the same before this court on the next date of listing.
The petitioner, who is one of the accused in the scam, had sought for quashing of the entire criminal proceedings in the case against him. He contended that the economic offenses wing (EOW), which is probing the case, had made him a scapegoat by leaving big fishes aside. It was the specific plea of the applicant that high government officials were involved in the scam and the company which actually received the benefit of the scam by claiming the subsidy had been exonerated.
In 2000, the UP government issued a letter regarding a scam of Rs. 1200 crore in the subsidy to the manufacturers of fertilizers without actual supply of fertilizers by the manufacturers to the distributors. It was alleged in the letter that loss had been caused to the state exchequer and in compliance to an order passed by additional chief secretary, agricultural, an investigation was conducted in this alleged scam.
In the investigation, it was revealed that during financial years 1998-99 and 1999-2000, the sale and purchase of several tons of single super phosphate was found to be false and thus embezzlement of huge money had been calculated and the subsidy claimed from the government on false and frivolous transactions.
,