CAG pulls up oil ministry for undue favours to RIL

November 02, 2012 18:29

The Comptroller and Auditor General of India (CAG) has pulled up the oil ministry on charges of showing undue favours to Reliance Industries Ltd. India Against Corruption on Wednesday had launched a scathing attack on the NDA government as well as the Manmohan Singh government for protecting the interests of corporates, especially Reliance Industries Limited (RIL). It demanded that the government's contract with RIL be scrapped as the Mukesh Ambani's company allegedly cut down on production from its KG D6 gas- field to gain huge profits after the proposed gas price revision.

CAG says it refuses conditions laid down by RIL for the audit.

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