Joint Director of the Central Bureau of Investigation (CBI) V.V. Laxminarayana has said that the agency is collecting information about the iron ore exported by Obulapuram Mining Company (OMC) to various countries.
Talking to reporters here on Saturday, Mr. Laxminarayana, who is on a two-day visit to the district, said the CBI had written letters to the authorities concerned in various countries seeking information about the quantity of iron ore imported by the companies there and the value paid to the OMC.
The details collected would be correlated with the information gathered as part of the investigation into the case so far, particularly with the OMC balance sheets on the realisation of proceeds from the export of iron ore. It would also help the CBI to arrive at realistic assessment about the revenue loss to the government exchequer that might have occurred in the process of OMC’s iron ore exports.
Stating that the investigation into the OMC case is progressing briskly, he said his two-day visit to the district is also part of the ongoing investigation.
He met district officials of the Mining and Geology Department later in the day seeking details about OMC’s activities. On Friday, he visited the Narasimha Swamy temple at Kadiri.
He denied allegations that CBI is scuttling chances of getting bail by accused in the OMC case and in the disproportionate assets case against Kadapa MP Y.S. Jaganmohan Reddy and others by resorting to dubious tactics.