SC vacates stay on Palmolein scam case

New Delhi, Jan 11: The Supreme Court (SC) vacated the stay order on Palmolein oil import scam case on Tuesday, Jan 11. The SC granted the Kerala government to continue the trial in the multi-crore scam. Chief Vigilance Commissioner (CVC ) PJ Thomas is an accused in the case.

The bench of Justices Aftab Alam and RM Lodha, disposed the petition filed by the Former chief Minister of Kerala late Karunakaran, after his death on Dec 23, 2010.

The Supreme Court ordered to stay proceedings in the case before a designated CBI court in Kerala on Aug, 2007, after Karunakaran filling a petition.

The chargesheet was filed against Thomas in 2000, when he was the food secretary and a member of the Board of the Kerala State Civil Supplies Corporation.

Along with Thomas, seven other senior govt officials were also accused for their alleged involvement in the import of Palmolein oil from a Singapore based firm at prices higher than the international rate, that caused the exchequer a loss of Rs 2.32 crore.

The Chargesheet was filed under the Prevention of Corruption Act.

OneIndia News