-Hindustan Times The top court ordered a court-monitored CBI investigation into the initial stake sale of Hindustan Zinc Ltd (HZL) to Anil Agarwal-run Sterlite Opportunities and Ventures Ltd (SOVL) in 2002 The Supreme Court on Thursday ordered a court-monitored Central Bureau of Investigation (CBI) probe into the initial stake sale of Hindustan Zinc Ltd (HZL) to Anil Agarwal-run Sterlite Opportunities and Ventures Ltd (SOVL) in 2002 when the Bharatiya Janata Party (BJP)-led...
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Banks' NPAs kept rising in the past due to lack of transparency: PM Modi
-Livemint.com PM Modi said due to the lack of transparency in the country's banking sector earlier, various practices used to take place Audit Diwas: Prime Minister Narendra Modi on Tuesday said that banks' NPAs kept increasing in the past due lack of a lack of transparency in the banking sector. He said due to the lack of transparency in the country's banking sector earlier, various practices used to take place. “As a...
More »Kerala floods and the CAG alarm bell that went unheeded -AM Jigeesh
-The Hindu Business Line The 2016 report had flagged the disastrous impact of unchecked illegal constructions; but it was never tabled in the Assembly Early warnings of a 2016 draft report of the Comptroller and Auditor General’s (CAG) Kerala office about the disastrous implications of the environmental degradation due to unchecked and illegal construction activities in the State seem to have been buried, with the report inexplicably not getting tabled in the...
More »A fund without a care for the RTI -M Sridhar Acharyulu
-The Hindu The Government’s claim that the PM CARES Fund is not a public authority is unacceptable It may not be an exaggeration to say that when it comes to seeking answers and information under the Right to Information (RTI) Act, the Prime Minister’s Office (PMO) is consistent in putting up a screen. The manner in which the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund was set...
More »PM CARES "Not A Government Fund", Prime Minister's Office Tells High Court
-PTI/ NDTV.com An affidavit filed by an Under Secretary in the PMO who is discharging his functions in the PM CARES Trust on honorary basis said the trust functions with transparency and its funds are audited by an auditor - a chartered accountant drawn from the panel prepared by Comptroller and Auditor General. New Delhi: The PM CARES Fund is not a Government of India fund and the amount collected by it...
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