SC seeks direction against alleged corruption of 6 Lakh crores in allocation of iron Ore mines.

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ML Sharma filed a plea in the supreme court seeking the probe into the quashing of allotment, extension or continuation or leases to firms for mining iron ore or more than 358 mines across the country and alleged corruption in lakhs of crores.

The Supreme Court issued a notice to the center, Odisha, Jharkhand, Karnataka, and CBI on the PIL seeking investigation into the corruption in the mining of ores. A bench of SA Bobde and Justice S Abdul Nazeer sought the response from the states and the center and also appointed PS Narasimha amicus curiae, to look into the matter.

ML Sharma in his plea alleged that the mining leases have accounted for a total corruption of  ₹6 lakh crores in the allocation of the iron ore mines all across the country.

The plea states that the lease of the firms of Iron ore mines has been extended or allotted free of cost without any fresh evaluation that led to a huge public finance loss via a concocted conspiracy. The plea sought recovery of the market value of the minerals that are mined according to the law. The petitioner also sought the recovery of the loss from the mining firms, provided their leases should be quashed and the mines should be put to fresh auction.

The petition filed by ML Sharma stated, “The investigation should be carried out to quash allotment/extension/continuation of more than 358 iron ore mines because the leases have either been granted or extended to these firms without any fresh evaluation or adoption of an auction process.” The PIL also sought the investigation by the CBI to investigate the issue.


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