look news india
News India Live, Digital Desk: A shocking power scam has come to light in Jharkhand, in which two private companies have been accused of fraud worth about Rs 500 crore. After this big fraud, Jharkhand High Court has sought answers from both these companies, due to which the matter has taken an even more serious turn.
What is this Rs 500 crore scam?
The matter is related to Jharkhand Electricity Distribution Corporation Limited (JBVNL). It is alleged that both these companies have committed major fraud in tenders and supplies related to electricity. Initial investigation has revealed that these companies did not provide equipment and services to the state as per the prescribed standards, or supplied low quality items at exorbitant prices, causing a loss of hundreds of crores of rupees to the state government. Simply put, it is like robbing the public of money, which we earn through our hard work through electricity bills.
What action did the High Court take?
Jharkhand High Court has taken this entire matter very seriously. The court has directed both the accused companies to present their case in this matter as soon as possible and file their reply on the stated allegations. The High Court has also sought information from the Jharkhand government and related departments on this issue, so that this scam can be investigated in depth and milk can be turned into water. This shows the strictness of the court that now such big scams will not be spared.
The exposure of this scam is a big blow to the state. This has not only caused financial loss to the government, but has also shaken the confidence of electricity consumers. Now all eyes are on the High Court to see what decision comes in this case and how much punishment the culprits get. It is hoped that due to the strictness of the court, the truth will come out and such scams will be curbed in future.