Satyanarayana's file at ACC

Vol 15, PW 26 (12 Jul 12) News in Brief
     

Central Vigilance Commission (CVC) officials have cleared the appointment of K.

Satyanarayana, 57, as the next ONGC director onshore. Satyanarayana was dragged into controversy when a distant relative allegedly began offering jobs at ONGC to anyone who could pay Rs2 lakh or $4,000.

“But the CVC and oil ministry found Satyanarayana wasn’t involved,” says an ONGC source. His file was forwarded in June for final approval to the Appointments Committee of Cabinet or ACC, headed by the Prime Minister.

“ACC approval typically takes four weeks,” we learn. “It should come through by August.

There won’t be any hiccups.” Satyanarayana is presently group general manager in charge of the Tripura asset.

He was selected by the PESB on March 9 to replace AK Hazarika, who retires as director onshore on September 30. If the ACC approves, Satyanarayana will take charge from October 1 and remain until October 2015 when he retires at age 60.