CVC to out new CWG scams

Bribery by private sector is rampant, says Transparency International

trithesh

Trithesh Nandan | January 17, 2012



The central vigilance commission (CVC) will soon come out with the details of recently-unearthed scams in the 2010 Commonwealth Games (CWG). "We are ready with the report and just need to release it in public," R Sri Kumar, a vigilance commissioner with the CVC said here on Monday. He was speaking at the release of a Transparency International report on the assessment of integrity pact in public sector undertakings (PSUs).

Kumar gave very few details of the special cell of the CVC which investigated the irregularities in the government spending on the Games.

“Taxes to the tune of Rs. 450 crore have not been realised from the bills so far. The amount was to be paid for statutory compliance under TDS, VAT, services tax. Out ,” said Kumar. He added that the tax authorities had acknowledged Rs 380 crore of the Rs 450 crore as unpaid taxes and had served legal notices to the defaulting parties.

The vigilance commissioner said that the special cell's report has details of financial irregularities and names the parties involved. The cell had been formed in early 2011 after several corruption-related complaints surfaced against government officials over the execution of CWG projects. The CVC investigated at least 71 projects worth several crore executed by the civic and construction agencies in the run-up to the games in October, 2010.

However, Kumar did not give any information on the date of release of the report.

The Transparency report says that the government should bring a strong tool to deter corruption in the private sector. "Bribery is rampant among the officials of private firms. They pay bribes to officers of other private companies to get their work done," said the 109-page report.

“There are various instances, where bribes are routed through sub-contractors, big bidder companies, including MNCs are very much into it,” it noted.

The report mentioned that though defence ministry has signed the integrity pact with the TI, many defence sector PSUs were yet to commit.

Integrity pact is a tool devised by the TI to curb corruption in public procurement. Since 2006, only 44 PSUs have signed integrity pact with the TI. The report noted that Gas Authority of India Ltd. saved Rs. 362 crore after signing integrity pact. “96 percent PSUs felt that the integrity pact has helped in making procurement process more transparent,” the report held.

The prime minister Manmohan Singh in his speech on August, 2009 had mentioned the pact as a tool to curb corruption.

Comments

 

Other News

Do you think the defence equipment procurement process needs to be revamped?

Do you think the defence equipment procurement process needs to be revamped?

SAIL’s net loss declines to Rs 730 cr

Country’s largest steelmaker-- Steel Authority of India Limited (SAIL) on Thursday claimed of registering slump in standalone net loss at Rs 730.72 crore for the quarter ended September 30, helped by a strong marketing push and cost optimisation measures, reported Press Trust of India (PTI).

The present form of dancing is like circus: Pandit Birju Maharaj

Pandit Birju Maharaj is a living legend and an institution in himself. He represents Kalka-Bindadin gharana of Lucknow. He has mesmerised artists and audiences in India and abroad with his Kathak skills. He is also an accomplished vocalist and musician. He can play all string instruments like Sitar, Sa

National Rail Plan, 2030 unveiled

 The ministry of railways has come up with National Rail Plan, 2030 to provide long term perspective to plan for augmenting the railway network. In order to give a platform to concerned stakeholders to have their suggestions on modernisation and rapid development of the railways, a website (

Disruptions in parliament amount to gagging majority: Pranab Mukherjee

President Pranab Mukherjee on Thursday emphasised on the need to avoid disruption of parliamentary proceedings. He said that while three Ds are essential in a parliamentary system of democracy i.e. Debate, Dissension and Decision, the fourth D i.e. Disruption is totally unacceptable. The pa

So, who gets Jayalalithaa’s properties?

 Who will own the properties of Jayalithaa, who served five terms as chief minister of Tamil Nadu and died on December 5? That is a question which is being asked by the people in Chennai. In the affidavit submitted by Jayalalithaa in her nomination paper for the 2016 assembly election from R

Video

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter