Comptroller and Auditor General unable to access Reliance documents on KG Basin project.Byline: ANI New Delhi, Aug 8 (ANI): The Comptroller and Auditor General of India The Comptroller and Auditor General of India is an authority, established by the Constitution of India who audits all receipts and expenditure of the Goverment of India and the States including those of bodies and authorities substantially financed by the government. (CAG CAG 1 Chronic atrophic gastritis 2 Coronary angiography, see there ) said on Saturday that it is in the process of auditing government's gas contract with Mukesh Ambani-led Reliance Industries Limited (RIL), but has not been able to access the books of the contractor for about two years. According to the sources the audit of the capital expenditure of Rs 45,000 crore n. 1. Ten millions; as, a crore of rupees (which is nearly $5,000,000) s>. Noun 1. crore - the number that is represented as a one followed by 7 zeros; ten million by RIL in its Krishna-Godavari Basin gas fields, has gone into a limbo. Earlier, the Director General of Hydrocarbons V.K.Sibal said, "The CAG team has carried out the audit work." The CAG official said the special audit was being done on the government's request under the New Exploration Licensing Policy (NELP) for finding natural gas and other petroleum products. The CAG is also auditing over six other contracts between Government and RIL. RIL is investing USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 8.836 billion (about Rs 42,500 crore) in developing the Dhirubhai-1 and 3 gas finds in block KG-D6 - first two of the 18 gas finds in the block. (ANI) Copyright 2009 Asian News International The Asian News International (ANI) agency provides multimedia news to China and 50 bureaus in India. It covers virtually all of South Asia since its foundation and presently claims, on its official website, to be the leading South Asia-wide news agency. (ANI) - All Rights Reserved. Provided by Syndigate.info an Albawaba.com company |
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