CAG rebuffs Reliance on gas audit terms
RIL had sought, inter alia, to restrict KG-D6 block audit to accounting books and records
Refusing the demands of the Mukesh-Ambani-owned Reliance Industries Limited (RIL), the Comptroller and Auditor General (CAG) has stated that the operator’s “restrictive conditions” for carrying out an audit of the KG-D6 offshore block “impinge upon the basic mandate, rights and obligations of the [CAG]” to conduct as well as report the results of its audit to Parliament.
Publication Date:
06/11/2012