CBI files chargesheet against Yeddyurappa, JSW Steel officials
The Central Bureau of Investigation (CBI) has filed a chargesheet against former Karnataka Chief Minister B S Yeddyurappa, some of his relatives, and senior officials of JSW Steel, in a mining scandal.
The case against Yeddyurappa, his two sons and a son-in-law, alleges that the accused de-notified government land to allow kin to buy it for merely Rs. 40 lakhs and sell it JSW linked companies for a whopping Rs 20, way above market value.
The chargesheet has been filed after the Supreme Court directed the law enforcement authorities to investigate into the de-notification case.
In the chargesheet, the central investigation agency also named JSW chairman Sajjan Jindal, Senior Vice President V Sharma, and Chief Executive Officer Vinod Nowal.
However, JSW argued that the chargesheet filed against the company's officials was without basis.
The company said in a statement, "The conclusion drawn by the said authorities leading to chare sheet are without basis. The company always abides by law of the country and would present its case before the court."
JSW Steel is 15 per cent owned by Japan-based JFE Holdings.