List silent on charge sheet against CVC Thomas in palmolein case The Centre has informed the Supreme Court that sanction for prosecution is awaited in 126 cases registered under the Prevention of Corruption Act against various public servants including Justice Nirmal Yadav of the Uttarakhand High Court, who has been given a clean chit in the Rs.15-lakh cash-at-door scam during her tenure as judge of the Punjab and Haryana High Court. On...
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India Stocks Sink on Telecommunications Scandal by Heather Timmons
A widening corruption scandal that has touched India’s prime minister sent the country’s stock markets down sharply on Friday and threatened to tarnish the country’s image as a rising economic power. Setting off the turmoil was a report from the country’s auditor earlier this week that about $40 billion in wireless spectrum license fees had been squandered by the government’s telecommunications and information technology minister. On Thursday, India’s Supreme Court criticized...
More »PJ Thomas to vacate the post of CVC
Central Vigilance Commissioner PJ Thomas will send in his resignation to the President on Wednesday. With the Supreme Court and the Opposition piling up pressure on the Centre for the removal of the ‘tainted’ CVC, the government leadership has advised Thomas to vacate the post. Thomas continuance became untenable on Tuesday after the Supreme Court questioned his suitability to supervise CBI’s investigations into the 2G spectrum scandal. “He had justified the...
More »Poor quality, high cost mar CWG projects: CVC by Himanshi Dhawan
Each of the 18 samples of concrete cubes from the Shivaji Stadium site failed the test for required strength. The sample strength was 60%-85% less than the expected standard, raising questions on structural safety. * The tendered cost for Naraina flyover was 48% higher than the estimated cost. While cost overruns were double in the case of the road underbridge at Sewa Nagar. * Targets were revised, penalties waived for the contractor...
More »Probe FEMA violations in CWG projects: CVC to ED
The Central Vigilance Commission (CVC), probing alleged financial bungling in the Commonwealth Games-related projects, has referred certain cases to the Enforcement Directorate (ED) to check whether there was violation of foreign exchange laws. Official sources said that projects like construction of Commonwealth Games Village near Akshardham temple and flyovers, hiring and procurement of medical and fitness equipment and conduct of outdoor publicity campaign by the Organising Committee may come under the...
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