CBI Files Case Against Megha Engineering, Electoral Bond Top Donor, for Corruption

Brief by Shorts91 Newsdesk / 01:50pm on 13 Apr 2024,Saturday Politics

The CBI filed a case against Megha Engineering and Infrastructure Ltd, along with eight NMDC Iron and Steel Plant officers, for alleged corruption in a ₹315 crore project. Reports suggest officials received bribes against payments. Megha Engineering, second-biggest electoral bond purchaser, faces scrutiny after being awarded projects post-bond purchase. Of its ₹966 crore bond purchases, ₹584 crore went to BJP. FIR details alleged bribery in a steel plant project. CBI names officials involved in receiving bribes and MECON Ltd personnel allegedly involved in the payments. Megha Engineering and its general manager also listed as accused.

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