Ministry downplays CVC letter against Jain
J.
K Jain, acting chairman of GAIL, is under fire from India's Central Vigilance Commission for a minor irregularity he is alleged to have committed when general manager finance in 1992, much before he rose to the rank of director. Confusion reigns over exactly what the alleged 'offence' is.
One newspaper suggests it is connected to an LPG plant at Lakwa and another to deposits of money at Citibank. Neither is true, according to an oil ministry official overseeing the case.
We learn that all vigilance matters are referred to oil minister Ram Naik who will now "take a view." In May Jain received a second three-month extension as chairman - this time till 31st July.