PARLIAMENT AUDIT EXTRAORDINARY
★ UPA REGIME ARCHIVE (2004–2014) ★
PAGE 01
The Industrial Sentinel
New Delhi
Date of Record: 17 August 2012
Archive Ref: #08-17-coalga
Mega Scams & Loot
ESTIMATED LOSS: ₹1,85,591 Crore (CAG Estimated Undue Benefit to Private Parties)
COAL-GATE: ₹1.86 LAKH CRORE LOSS AS 142 BLOCKS DOLED OUT TO CRONIES FOR FREE
PM Manmohan Singh Held Coal Portfolio When Captive Mines Distributed Without Competitive Bidding
📰 Historical Press Archival Scan • Click to Zoom
#08-17-coalgate-cag-report-tabled-2012
On 17 August 2012, CAG Vinod Rai tabled a devastating audit report on Coal Block allocations between 2004 and 2009, revealing that 142 coal blocks were gifted to private and public companies with zero bidding.
Prime Minister Manmohan Singh directly held the Coal Ministry portfolio for a substantial portion of this period.
Congress MPs, ministers, and politically connected entities with zero experience in steel or power generation bagged prime coal assets and flipped them for massive private fortunes.
⚖️ JUDICIAL & AUDIT FINDINGS:
"In August 2014, the Supreme Court of India declared all 214 coal block allocations made between 1993 and 2010 as illegal and arbitrary, cancelling almost all of them in a sweeping judgment."
📌 Key Figures & Decision Makers
- ▸ Manmohan Singh (Prime Minister & Coal Minister)
- ▸ Subodh Kant Sahay
- ▸ Naveen Jindal
- ▸ Santosh Bagrodia
💬 QUOTE OF THE RECORD
"Hazaaron jawabon se acchi hai meri khamoshi, na jaane kitne sawalon ki aabru rakhi (My silence is better than a thousand answers, it protects the dignity of many questions)."
— Manmohan Singh
Prime Minister of India
Context: Quoting Urdu poetry in Parliament when cornered by the opposition over the Coal-gate scam.
📚 Primary Source Citations:
- • CAG Report No. 7 of 2012-13: Allocation of Coal Blocks and Augmentation of Coal Production (CAG of India, 2012)
Tags:
#Coalgate
#Coal Scam
#CAG Vinod Rai
#Manmohan Singh
#Crony Capitalism
UPA.LOL Historical Preservation Project