Coalgate: Who'll save DMK Min Jagathrakshakan?


Chennai, Sept 7: The Coal block allocation scam has left the UPA government in the Centre scathing. There are many other parties in the firing line for their dubious links to the scam.

The latest casualty in the scam seems to be a DMK Minister Jagathrakshakan, who according to a Times Of India report is accused of being part of the coal scam. His family members are allegedly part of a company that was awarded a coal block in Odisha in 2007.

Jagathrakshakan, also a Minister of state for Information and Broadcasting, is under the scanner after his company JR Power Gen Pvt Limited entered into an MoU with a public sector company PITDIC just five days before the PSU was allotted coal blocks.

After gaining the coal blocks in 2007, JR Power gained its market stand and sold as much as 51 per cent stake of their company to a Hyderabad based power company in 2010.

Choosing to downplay the involvement of the Minister, the party stated, "The MOS for information and broadcasting was not a member of the DMK in 2007."

OneIndia News

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