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Published on Sep 2, 2012
In Part-I of our investigation into the coal allocation controversy, we had traced the deep seated flaws in the policy of allotting of captive coal blocks and how it had created conditions ripe for corruption. This week, in Part-II, we cut to the what is the heart of the controversy: Of how dozens of companies with no prior experience or financial backing, in some cases using direct or proxy political connections managed to corner crores of rupees of captive coal.