Reliance CEO questioned by Anti-Corruption Bureau

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Delhi`s Anti-Corruption Bureau has questions the CEO of Reliance Industries in the Krishna-Godavari Basin case.

An official from the ACB said that PMS Prasad was questioned by the ACB at their Civil Lines office on Wednesday.
Surender Singh Yadav, Joint CP, ACB was quoted by DNA newspaper as saying, “Mr Prasad, Mr TSL Reddy and Mr Ganguly (both general managers in RIL) were questioned and they have told us that RIL will fully cooperate with the investigation”.
The report further added that the concerned individuals will be called again on May 14 and 15 and if required some other senior officials will be questioned as well.
On May 1, the ACB had sent a notice to senior officials of Reliance Industries Ltd. (RIL) and its partner Niko Resources Limited, asking them to join the probe into the alleged irregularities in pricing of natural gas in KG basin.
Vivek Duggal, Chief Financial Officer at Niko Resources (India) had told Janta Ka Reporter that Niko was not in a position to comment on the issue since it  had learnt about it through media reports.
“Whatever we know is through media reports & thus we`re not in a position to issue a statement by just paying heed to speculations. Moreover, our senior management is not in India at the moment.” Duggal had said.
Former Minister of Petroleum and Natural Gas M Veerappa Moily, RIL chief Mukesh Ambani, former Union Minister Murli Deora and retired Director General of Hydrocarbons V K Sibal were named in an FIR filed by the ACB following complaints of irregularities in pricing of natural gas in KG basin.

 

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