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This is an archive article published on October 4, 2011

Finally,Vasudeva cleared as ONGC’s new chief

The CVC said that the junket had the commission’s approval.

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Finally,Vasudeva cleared as ONGC’s new chief
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The confusion over the next chief of India’s largest state-run maharatna ended today with the Prime Minister’s Office approving Sudhir Vasudeva as the new chairman-cum-managing director of ONGC.

After stalling it thrice over nearly six months,the PMO approved Vasudeva’s name a day before Principal Secretary to the Prime Minister relinquished his charge.

T K A Nair,who is in an advisory role from today after handing charge to Pulok Chatterjee,ensured the clearance on Sunday,sources said.

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Earlier,the PMO had expressed doubt whether the Central Vigilance Commission clearance to Vasudeva on March 31 had followed the rulebook.

But the CVC said that the Commission,though truncated by the absence of a Central Vigilance Commissioner,was empowered to give the clearance.

Incidentally,the CVC had twice refused clearance to Vasudeva while PJ Thomas was heading the Commission. But a fortnight after Thomas was removed from the post in March,it cleared Vasudeva’s appointment.

The PMO had asked the CVC to answer the allegation that ONGC’s then chief vigilance officer Swadeep Singh was sent on an overseas junket — while he was handling numerous complaints of alleged corruption against Vasudeva — as a quid pro quo to bury the complaints.

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The CVC said that the junket had the commission’s approval. This query was the third instance where the Appointments Committee of the Cabinet had sought clarification on Vasudeva.

The first time,the Cabinet Secretary (who is the ACC Secretary) directed in June for details of all complaints against Vasudeva as well as comments on a representation by an MP. The second time,the Cabinet Secretary sought the CVC’s “final advice” on complaints filed by two MPs.

Usually,a one-line clearance from the CVC is sufficient for the Appointments Committee of the Cabinet (ACC) to process its approval with the administrative minister recommending the selected name and the Home Minister and Prime Minister,in that order,approving or disapproving it.

Vasudeva,who is Director (Offshore),will take over from A K Hazarika who has been officiating as ONGC CMD since R S Sharma retired on January 31. Vasudeva was selected by the Public Enterprise Selection Board on October 20.

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