CAG has objected to the oil ministry for agreeing to Reliance Industries
Limited's (RIL) conditions to restrict a scrutiny of its accounts in
connection with gas extraction from the Krishna-Godavari D6 basin.
The conditions included the fact that RIL wanted the CAG audit of the KG-D6 basin to be kept within the oil ministry and not made public and tabled in Parliament, as is the procedure. RIL also said that the audit should be carried out in its own premises and that it would give no other documents apart from those prescribed in the KG-D6 contract. The ministry is understood to have told the firm that it must provide full access to its books. RIL had also wanted an assurance from the oil ministry that no "exceptional" procedure be inserted in the CAG audit.
The Comptroller and Auditor General wrote to the oil ministry asking why it had agreed to RIL's restriction.
The conditions included the fact that RIL wanted the CAG audit of the KG-D6 basin to be kept within the oil ministry and not made public and tabled in Parliament, as is the procedure. RIL also said that the audit should be carried out in its own premises and that it would give no other documents apart from those prescribed in the KG-D6 contract. The ministry is understood to have told the firm that it must provide full access to its books. RIL had also wanted an assurance from the oil ministry that no "exceptional" procedure be inserted in the CAG audit.
The Comptroller and Auditor General wrote to the oil ministry asking why it had agreed to RIL's restriction.
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