CBI sources said the agency has registered a case under section 120-B (criminal conspiracy), 420 (cheating) and provisions of the Prevention of Corruption Act.

The agency's spokesperson said the case has been registered for alleged conspiracy in release of excess payment of Rs 1.27 crore to the security company towards the coal allowance and service charges on the basis of false statement of deployment.

The company had showed percentage of ex-serviceman deployed as 90 percent, the spokesperson said, adding, ‘a loss of Rs 1.27 crore (approx) was caused to SECL.’

"Searches at residence & office of accused persons were carried out at Bilaspur, Korba, Bishrampur and Delhi. The incriminating documents recovered during searches are under scrutiny," she said.

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