Doubts over Srinivasan as ONGC dir. finance

Vol 18, PW 23 (16 Jul 15) People & Policy

It happened to UV Mannur at IndianOil, Sanjib Datta at GAIL and Rupshikha Borah at Oil India.

If Narendra Modi doesn't like your track record, you can wave goodbye to your dream job. Which is why ONGC officers are worried about whether AK Srinivasan will be appointed as director finance as his file continues to shuttle between the PMO and oil ministry.

PETROWATCH learns the oil ministry sent Srinivasan's file to the DoPT on June 24 from where it went to the PMO early this month (July). "We know the file is with the PMO," says a well-placed source, "and we're hoping the PMO approves Srinivasan's appointment this time." He recalls that end-April the PMO returned Srinivasan's file with queries on a vigilance case dating back to 2011 over a tender for the B-193 platform, in which he was implicated with two other officials.

"All three were cleared by the vigilance department," says a source at ONGC's Mumbai office. "They found nothing against him or the others.

But Srinivasan's promotion was delayed for one year because of the pending enquiry. He was clean and later promoted." So why is the PMO now raising queries? Nobody knows.

"I hear there is no complaint against Srinivasan but the PMO did scrutinise his Annual Confidential Reports (ACR) and raised queries," says a government official.

LNG Summit