Cairn-Vedanta deal to come under Cabinet scanner again

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Message Lun 23 Jan 2012 22:39

Cairn-Vedanta deal to come under Cabinet scanner again

Published on Mon, Jan 23, 2012 at 21:21 | Source : CNBC-TV18

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Cairn-Vedanta deal to come under Cabinet scanner again

The Cairn-Vedanta deal continues to hover under a cloud after the Oil Ministry approached the Cabinet again for a fresh approval on the deal. The Cabinet is set to meet on Tuesday to discuss the issues that are plaguing the deal.
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The Cairn-Vedanta deal continues to hover under a cloud after the Oil Ministry approached the Cabinet again for a fresh approval on the deal. The Cabinet is set to meet on Tuesday to discuss the issues that are plaguing the deal.

The Home Ministry has been pointing to the alleged global and domestic "transgressions" by the Vedanta group. Some of the wrongdoings include instances of human rights violations, defaulting of payments and environmental concerns.

Following the serious issues raised by the Home Ministry, officials in the Petroleum and Natural Gas Ministry said the deal is likely to be put up before the Cabinet Committee on Economic Affairs (CCEA) for a review in light of these facts brought out in the official note.

Corporate fraud investigation body SFIO's report on Sesa Goa's relationship with Vedanta will also be taken up by the Cabinet. BJP MP had raised concerns about Vedanta's relation with Sesa Goa.

The Cabinet will also take up SFIO's report on under and over-invoicing by Sesa Goa.

Apart from them, the UIDAI funding proposal and amendment to Sweden DTAA are also likely to be taken up in tomorrow's meet.
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mgauthi4

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Inscription: Dim 6 Sep 2009 20:50

Message Mar 24 Jan 2012 08:35

Re: Cairn-Vedanta deal to come under Cabinet scanner again

va avoir la pression le vieux briscard ANIL ....

ca ne lui fera pas de mal ...

VEDANTA reste un cas à traiter dans bien des domaines ...

pollution droits de travailleurs ...etc ..

des frais en plus ...

donc ..

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