Sign In / Register
Make This My Home Page | Feedback |RSS
You are here: IE »   Story

MPs on PSU panel told to declare their business interests

  • Print
  • Mail This Article
  • Comments
  • Add to favorites
  • All members of the Parliamentary Committee on Public Undertakings (COPU) have been asked to disclose their business interests in a bid to pre-empt conflict-of-interest charges as the panel deliberates on key PSUs, including those involved in infrastructure projects.

    Panel chief Kishore Chandradeo has sent a circular to all MPs in the panel as per Rule 52 (A) of Directions by the Speaker. Under this, if a member of a committee has a “personal, pecuniary or direct interest” in any matter to be considered by the committee, he shall state his interest to the Speaker through the chairman.

    This comes after objections are said to have been raised against three members: Congress MPs T Subbarami Reddy and L Rajagaopal and TDP MP Nama Nageshwar Rao.

    Sources said Reddy, at a meeting of the panel last week, questioned National Highway Authority chairman Brahma Dutt about delayed projects and payments.

    Ads by Google

    Reddy’s family owns construction giant Gayatri Infrastructure that has ongoing projects with NHAI and has pending payments.

    Rajagopal, owner of Lanco Infratech, and Rao, who heads the Moducon group, have contracts with NHAI too.

    When contacted, Reddy admitted that he had been asked for details as per Rule 52 (a) but said he did not violate any conflict-of-interest rules as he was not a director in Gayatri Infrastructure.

    “Since I am not director of any company having infrastructure projects, no member has the right to raise questions about my presence in the committee,” he said.

    Reddy said that in COPU’s last meeting, he had merely raised a “general question” relating to land-acquisition delays in highway projects.

    ... contd.

    Next12
    Corporatisation of democracyBy: Mani | 13-Oct-2009 Reply | Forward Corporatisation of democracy ...Indian style....
    Post a Comment
    Name:
    Email:
    Title:
    Maximum characters allowed     
    Comment:
    TERMS OF USE:
    The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
    I agree to the terms of use.