Kerala’s biggest financial scam, the Rs 98 crore SNC Lavalin case, took a major turn on Monday with the CBI telling the high court that it has decided to interrogate state CPI(M) secretary Pinarayi Vijayan, and former Congress Power Minister G Karthikeyan.
The CBI submission added that it was going to broadbase its investigations into the 12-year-old scandal to Canada, where SNC Lavalin is located. The Congess-led Opposition in the state has been insisting that Vijayan, now beginning his third consecutive term as the state CPI(M) chief after vanquishing the camp of factional rival and Chief Minister VS Achuthanandan last week, was the prime mover behind the scam in his role as the Power Minister in the E K Nayanar Government.
The scandal had its genesis in a 1996 agreement that the Congress-led UDF Government got the Kerala State Electricity Board (KSEB) to sign with a Canadian power consulting company, SNC Lavalin, for replacing and modernising the obsolete generators in three hydroelectric projects at Pallivasal, Sengulam and Panniar.
Thursday, May 14, 2009
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