Inventor of the zero-loss theory and former Cabinet Minister Kapil Sibal has lambasted industrialists for bidding lakhs of crores for what he terms are Zero value coal blocks. The first round of auctions that saw 15 out of 204 blocks go under the hammer has generated close to 1 lakh crores.

Speaking to The UnReal times, Kapil Sibal thundered, “Our UPA government gave away the coal blocks to the industrialists for free, obviously because they had ZERO value. The industrialists themselves put in bids for zero rupees in private messages to our cabinet. So I want to ask them why are they all paying so much for the coal blocks now that Modi is running the government. Isn’t it clear that they are all Modi agents?”

Kapil Sibal then went on to attack former CAG Vinod Rai whose audit reports on the coal block allocation caused a storm that ended with UPA-II getting trounced in the 2014 general elections. “It was that man who first convinced people that even coal blocks could be of value. He must have hypnostized the industrialists into bidding such huge amounts for the coal blocks,” Sibal alleged.

Responding to Sibal’s allegations, Vinod Rai said to The UnReal Times, “I forgive the Congressmen who slammed me for bringing out the revenue loss numbers in coal block allocation,” and added with a wink, “Ladkon se galtiyan ho jaati hain [Boys make mistakes].”

When this correspondent mentioned to Kapil Sibal that even Arvind Kejriwal’s Delhi government is planning on bidding for a coal block, his impeccable white eye-brows turned grey for a brief moment. “Arvind Kejriwal is obviously a Modi agent. Why would he bid for a coal block when my UPA government was giving them away for free? He should have asked Modi to give him a coal block for free,” he said.

“Modi-Kejriwal-Industrialists sab mile hue hain ji [Modi, Kejriwal and industrialists are all in cahoots]” he declared.