Enforcement Director Summons to Dasari Narayana Rao

Update: 2014-11-26 08:39 GMT
After many celebrities its now turn of Darshaka Rathna Dasari Narayana Rao to face the music of Enforcement Director(ED). ED has summoned former Coal Minister Dasari Narayana Rao in connection with the Coal blocks allocation case.ED asked the former minister to appear before them on Wednesday. But Dasari sought some time from  due to some personal reasons.

Its known that Dasari facing allegations relating to coal block allocated to former Congress MP Naveen Jindal's companies during his tenure. As per reports ED officials will send fresh summon to Dasari with new dates.After enquiring Dasari ED officials  will also examine Jindal and other accused in the case.

ED files FIR against Dasari and Jindal by alleging money laundering in connection with its probe in the Coal blocks allocation case.ED has alleged that a company owned by Jindal group offers  an unsecured loan of Rs 2.25 crore in 2008 to a trading firm.They further added that the trading firm bought  shares of a company Sowbhagya Media owned by Rao by spending Rs 112.5 a piece, about four times the market price (Rs 28) on that day.Its known that Dasari Narayana Rao served as  the minister of state for coal between 2004 and 2008.     

As per reports ED  has now begun ascertaining banking and other transactions made by the accused firms and individuals.
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