Net Edition
Financial express logo
Saturday, August 05, 2006
 
 
 
  SEARCH FE
Financial Express
Web
  FE ARCHIVE
   Search by Date
  INSIDE FE PRINT
 
  Home
 Front Page
 Corporates & Markets
 Latest News
 Stocks
 Fe Insight
 Politics
 Edits & Columns
 International
 From The Economist
 Economy
 Fe 360
 Fe Centres
 Fe Web Specials
 Sme World
 Fe 500
 Best Banks In India
  Letters To The Editor
  All Headlines
  SERVICES
 
  Personalised Predictions
  CHANNELS
 
  Astrology
  Shopping
  Tenders 
  Express Classifieds
  ExpressQnA 
  Express Estates
  Express Money
  Express Travel
  GROUP SITES
 
  Expressindia
  The Indian Express
  Screen
  City Newslines
  Kashmir Live
  Express Cricket
  Loksatta
  Lokprabha
  Express Computer
  North American
Edition [Print]
 
 
  The Financial Express
  The Indian Express
  SUBSCRIPTIONS
 
  Free Newsletter
  Wireless Express
  SYNDICATIONS
 
  RSS FeedsRSS Feeds
-->

 
LATEST NEWS
Politics
CPM guns for Reliance
Posted online: Saturday, August 05, 2006 at 1613 hours IST
 
Send Feedback   E-mail this story   Print this story
AHMEDABAD, AUGUST 5:  Claiming that Reliance was one of the biggest beneficiaries in the Iraqi oil for food programme, CPI(M) demanded that government institute a probe into the issue.

"It (Reliance) has got the maximum number of oil vouchers. It has paid the maximum surcharge. But no investigation has been carried out against it. I fail to understand why," CPI(M) general secretary Prakash Karat told reporters here.

Advertisement
He said that Reliance was one of the four parties named by the UN-sponsored Volcker committee, which went into Iraq's oil for food scam during Saddam Hussain's regime, and the firm was the biggest beneficiary.

"We will demand in Parliament that investigations should be carried out against Reliance," the CPI(M) General secretary said.

As per the terms of reference of Justice R S Pathak committee, the probe was limited to the role of Natwar Singh and Congress, Karat said hinting that other beneficiaries including Reliance were outside the purview of the investigation.

"I do not understand why no investigation is being carried out against the oil company", Karat said. "Even the Congress and the BJP are both silent on the issue".

It is established that another named beneficiary Bhim Singh of Panthers Party, who got the oil vouchers, did not use them, he said.

Expressing displeasure on the manner in which the Pathak committee report was leaked to the media when Parliament session was going on, he said "those responsible for the leakage should be punished".

Send Feedback   E-mail this story   Print this story





 
Full Coverage
RBI Annual Report
Economic Survey '05-06
Railway Budget '06
Economic Reforms
Indo-Eu Summit: 2005
India Empowered
Reliance Empire Divided
Davos 2006
JJ Irani Committee On Company Law
Ready For Vat?
Run-Up To Foreign Trade Policy 2005-06
Run Up To Budget 2007-08
Rbi Annual Policy 2007-08
Run-Up To Budget 2005-06
Ambani Vs Ambani
Ear To The Ground
The Idea Exchange
RBI Monetary Policy
Walk The Talk
WTO Special
Outcome Budget: 2005-06