The central ministry of coal and mines has issued a directive
suspending the chairman and managing director of Coal
India Ltd (CIL), N K Sharma, with immediate effect for
an unspecified period.
with the suspension order, additional secretary in the
ministry Lakshmi Chanda has been asked to officiate as
the CIL chairman till an alternative arrangement is made.
executive powers have been reposed in Chanda so that he
can continue with the normal functioning of the Rs 22,000-crore
public sector unit, which has seven wholly owned production
subsidiaries and a design and planning institute.
Though no reason
was mentioned in the suspension order, informed sources
say Sharma has been put under suspension till the corruption-related
allegations made against him by certain quarters are investigated
by the Central Bureau Intelligence.