Posts tagged ‘Veerappa Moily’

11/02/2014

Kejriwal orders probe into gas price hike issue, names Moily, Deora – The Hindu

The Delhi Government on Tuesday ordered the filing of criminal cases against Union minister Veerappa Moily, former minister Murli Deora, Reliance Industries Chairman and Managing Director Mukesh Ambani and others following complaints of irregularities in pricing of natural gas in the KG basin.

Delhi Chief Minister Arvind Kejriwal has said the move to hike the price of natural gas will have a cascading effect on the economy. Photo: Shiv Kumar Pushpakar

Chief Minister Arvind Kejriwal said the Anti Corruption Branch (ACB) of the Delhi Government has been asked to probe the matter based on a complaint filed by former Cabinet Secretary TSR Subrmanian, Admiral Tahiliani, former Navy Chief and eminent lawyer Kamini Jaiswal besides a former Expenditure Secretary.

“Today we have asked the ACB to probe the case. We are filing a criminal case against Murli Deora. FIRs are being filed against Moily, Mukesh Ambani former DG of Hydrocarbons V K Sibal, Reliance Industries Ltd and others,” he said addressing a press conference here.

Without explaining whether the Delhi Government has jurisdiction to probe the case, Mr Kejriwal alleged that Reliance Industries Ltd was benefited as Oil Ministry decided to hike the natural gas price to USD 8 per million British thermal unit as against current USD 4.2 from April 1.

He alleged that RIL did not produce adequate gas from eastern offshore KG basin block so as to put pressure on the government to hike the price. Reliance did not offer any immediate comments on the issue.

Union Petroleum Minister M Veerappa Moily however, rejected Mr Kejriwal’s allegations, saying price of petroleum products was fixed according to expert advice.

via Kejriwal orders probe into gas price hike issue, names Moily, Deora – The Hindu.

Enhanced by Zemanta
Law of Unintended Consequences

continuously updated blog about China & India

ChiaHou's Book Reviews

continuously updated blog about China & India

What's wrong with the world; and its economy

continuously updated blog about China & India