Lens on Megha Engineering, babus in graft case



NEW DELHI: CBI has filed an FIR against Hyderabad-based Megha Engineering and Infrastructure Ltd, one of the top buyers of electoral bonds, and officials of ministry of steel in relation to alleged corruption in execution of a Rs 315-crore project.
Those named in the FIR have been accused of receiving alleged bribe of around Rs 78 lakh in clearing bills worth Rs 174 crore of Megha Engineering in connection with works related to an integrated steel plant in Jagdalpur.




According to the FIR, which was filed on March 31 on the basis of the preliminary probe report on the alleged bribery, related to works of intake well and pump house and cross-country pipeline at the plant, which was awarded to the company.


CBI has named eight officials of NISP and NMDC Ltd - retired executive director Prashant Dash, director (production) DK Mohanty, DGM PK Bhuyan, DM Naresh Babu, senior manager Subro Banerjee, retired CGM (finance) L Krishna Mohan, GM (finance) K Rajshekhar and manager (finance) Somnath Ghosh in the FIR. The agency has also named two officials of MECON Ltd - AGM (contracts) Sanjeev Sahay and DGM (contracts) K Illavarsu.


"A complaint dated March 18 by Arjun Vasant Pawar, Dy SP, (ACB-Chhattisgarh) addressed to the head of branch was received alleging that eight officials of NISP/NMDC and two officials of Mecon Ltd received bribe against payment by MNDC to Megha Engineering and Infrastructure Ltd (MEIL). So, an FIR was registered," said a senior officer.



Megha Engineering had emerged as the second-biggest buyer of electoral bonds of over Rs 900 crores and had donated the highest amount of about Rs 586 crore to BJP, as per the data released last month by Election Commission. The company had also donated Rs 195 crore to BRS, Rs 85 crore to DMK, and Rs 37 crore to YSRCP. TDP got about Rs 25 crore from the company, while Congress got Rs 17 crore, the data showed.



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