PIL alleges Rs 1 lakh crore scam in Tamil Nadu Electricity Board
Posted January 8th, 2015, 10:54 AM IST

Chennai: A retired Tamil Nadu Electricity Board (TNEB) engineer has approached the Madras high court to constitute a special investigation team to probe the alleged Rs 1 lakh crore scam in the board.When the PIL filed by C. Selvaraj came up for hearing before a division bench comprising Chief Justice Sanjay Kishan Kaul and Justice M.M. Sundresh, advocate general A.L. Somayaji sought time to place on record the stand of the government. Accepting his request, the bench posted to February 26 further hearing of the case.
The PIL also seeks a direction to the state government to revoke the licence granted to Tangedco and appoint an administrator to manage its affairs. The petition seeks an SIT probe into the systematic and scientific plunder of the state exchequer of Rs1 lakh crore through TNEB, by a coterie headed by the then chairman of TNEB, from 2001 to 2014 (with a minor interregnum in 2004).
This misappropriation was the outcome of an unchallenged conspiracy by nine modes of operating which included ensuring artificial power shortage throughout the state by non-implementation of Electricity Act, 2003, preventing new projects from taking off, or delaying them indefinitely to maintain the shortage, stalling generation in existing units with flimsy excuses for several months,
purchasing power from private players at exorbitant rates, and doling out several thousand crore rupees from the exchequer’s coffer to the private sector, and without regulatory approvals,
fudging accounts that even the regulators or the auditors including CAG do not have access to the accounts, and criminal nexus with contractors including PSUs such as BHEL to facilitate bribes in award of contracts and also to ensure delay of upcoming projects, Selvaraj alleged.
The PIL also seeks a direction to the state government to revoke the licence granted to Tangedco and appoint an administrator to manage its affairs. The petition seeks an SIT probe into the systematic and scientific plunder of the state exchequer of Rs1 lakh crore through TNEB, by a coterie headed by the then chairman of TNEB, from 2001 to 2014 (with a minor interregnum in 2004).
This misappropriation was the outcome of an unchallenged conspiracy by nine modes of operating which included ensuring artificial power shortage throughout the state by non-implementation of Electricity Act, 2003, preventing new projects from taking off, or delaying them indefinitely to maintain the shortage, stalling generation in existing units with flimsy excuses for several months,
purchasing power from private players at exorbitant rates, and doling out several thousand crore rupees from the exchequer’s coffer to the private sector, and without regulatory approvals,
fudging accounts that even the regulators or the auditors including CAG do not have access to the accounts, and criminal nexus with contractors including PSUs such as BHEL to facilitate bribes in award of contracts and also to ensure delay of upcoming projects, Selvaraj alleged.
- Kiara Advani, Sidharth Malhotra embrace parenthood for the second time
- Amitabh Bachchan admits difficulty decoding Gen Z slang
- Yash takes out extra time time to pose for selfies with fans before leaving Mumbai airport
- Bollywood stars shower blessings on Anshula Kapoor Rohan Thakkar at wedding reception
- Shilpa Shirodkar recalls losing Chaiya Chaiya with SRK
- Watch Russian couple dramatic proposal atop Empire State Building sparks global buzz
- Aamir Khan says his wedding with partner Gauri Spratt will be intimate affair with family and friends
- Actress Sreeleela recalls balancing MBBS medical exams with Viral Vayyari song shoot on Doctors Day
- US removes four Indian firms from sanctions list
- Suriya joins hands with T J Gnanavel for new hombale films project
- US Iran agree to sustain Strait of Hormuz ceasefire resume broader nuclear talks
- Telangana Governor CM Revanth Reddy urge people to join fight against drug abuse
- Samantha Confirms Pregnancy Shares Maternity Leave Plans Have To Take A Small Break
- Allu Arjun to appear in court on Monday in Sandhya Theatre stampede case
- Yoga centres to be set up in all villages announces CM Chandrababu Naidu
More News
Photos
Latest
- Kiara Advani, Sidharth Malhotra embrace parenthood for the second time
- ‘Sometimes we get addicted to our own greatness’: Manoj Bajpayee
- Dulquer Salmaan’s ‘Aakasamlo Oka Tara’ gets November 20 release date
- ‘Mirzapur: The Movie’ crosses Rs 100 crore at domestic box office in opening weekend
- Amitabh Bachchan admits difficulty decoding Gen Z slang
- Watch: Nagarjuna releases trailer of Allari Naresh-starrer ‘Ramba Oorvasi Menaka’
- “Tum bahut lambe ho…”: Big B shares struggles of early acting days
- Nayanthara reveals how Geethu Mohandas convinced her to join ‘Toxic’
- Sonu Nigam says childhood anger fuelled his passion and shaped his singing career
- Yash takes out extra time time to pose for selfies with fans before leaving Mumbai airport
Opinion Poll
Videos















