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PTI / The Hindu.
Amidst a raging controversy over the Comptroller and Auditor General’s (CAG) draft report severely criticising the role of the Oil Ministry in approving Reliance Industries’ KG-D6 field cost, the Ministry on Thursday called for restraint saying the top auditor has not finalised its report yet.
“The CAG report is at the draft stage,” the Ministry said in a press statement in New Delhi. “This Ministry is examining the draft report, it involves scrutiny of administrative/ policy issues and technical issues. The preparation of a detailed reply will take some time.”
“It is only after taking into account the reply of government that the office of CAG will suitably amend the draft report and send the final report for placing it on the table of Parliament,” it added.
The CAG in its draft report had alleged that the Oil Ministry and its technical arm Directorate General of Hydrocarbons favoured Reliance but did not say if by doubling of cost of developing eastern offshore KG-D6 field, the Mukesh Ambani firm had over-billed the government and thereby caused loss to the state exchequer.
It also pulled up the Ministry for going out of its way to grant nearly 1,700 sq km of additional area to Cairn India adjacent to its oil discovery in Rajasthan block.
OK, lets wait for the final CAG Report, on the matter!
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