CAG reports indict govt on KG basin contracts, AI acquisitions
Fresh trouble seems to be brewing for the UPA government, as the Comptroller and Auditor General (CAG) tabled two more high-profile audit reports that could bring attention back to political corruption and misdeeds at the highest levels. The audit reports on Air India and oil exploration contracts, including the one for Reliance's KG Basin were tabled in Parliament on Thursday.
In its report on RIL's KGD6 contract, the CAG stated that the company notified discoveries without details and declared entire contract area as discovery area. RIL was found guilty of non-relinquishment of area. CAG said that the Director General of Hydrocarbon should have stopped RILfor more details....http://www.indiareport.com/India-usa-uk-news/latest-news/1081839/National/1/22/1
In its report on RIL's KGD6 contract, the CAG stated that the company notified discoveries without details and declared entire contract area as discovery area. RIL was found guilty of non-relinquishment of area. CAG said that the Director General of Hydrocarbon should have stopped RILfor more details....http://www.indiareport.com/India-usa-uk-news/latest-news/1081839/National/1/22/1
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