Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.
CVC K V Chowdary and Vigilance Commissioner T M Bhasin completed their tenure at the anti-graft body on Sunday and Monday respectively.
The FIR, filed in December 2022 by M G Nagaraja, alleged that the 24-year-old Paris Olympian, along with his brother Chirag Sen, had fudged their age to get into playing age-group tournaments since 2010.
The hearing assumes significance as Verma, who has a running feud with Special CBI Director Rakesh Asthana, has been appearing before the three-member CVC headed by K V Chowdary and is understood to have given point-wise refusal to all the allegations levelled against him by his deputy.
Verma came to the CVC office in the late afternoon and stayed there for about two hours, they said.
Verma is understood to have given point-wise refusal to all the allegations levelled by Asthana before the panel comprising Vigilance Commissioners T M Bhasin and Sharad Kumar, they said.
A bench headed by Chief Justice Ranjan Gogoi ordered that the confidential CVC report be given to Verma in a sealed cover and asked him to respond to it by Monday, also in a sealed cover. It will take up the matter on Tuesday.
The apex court fixed the matter for next hearing on November 16.
Widening its probe, the Central Vigilance Commission (CVC) is looking into at least 22 more Commonwealth Games-related construction and procurement works carried out by different government agencies here for alleged financial irregularities.
The post of the chief of the Central Vigilance Commission, the country's anti-corruption watchdog, was lying vacant since June last year after K V Chowdary completed his tenure.
The bench made clear that it will not shift the schedule date of hearing and asked him to file his response 'as quickly as possible' during the day by 4 pm itself to enable it to peruse the reply.
The Supreme Court on Wednesday lifted its embargo and allowed the Centre to go ahead with the appointment of Central Vigilance Commissioner and a Vigilance Commissioner from the list of candidates shortlisted by it.
The case files and documents have been sent to the CVC for scrutiny following the Supreme Court's order directing the vigilance body to inquire against Verma.
Defence Secretary Pradeep Kumar was on Saturday unanimously chosen the next chief vigilance commissioner, four months after the Supreme Court had quashed the appointment of P J Thomas to the post.
The Central Vigilance Commission on Tuesday examined some Central Bureau of Investigation official.
The Central Vigilance Commission on Saturday indicated it did not want to come under Lokpal but work closely with the proposed anti-corruption ombudsman.
The Supreme Court on Wednesday asked the Centre to take its prior "leave" before going ahead with the appointment of the Central Vigilance Commissioner and Vigilance Commissioner and also sought records pertaining to the selection process in a sealed cover.
P J Thomas, whose appointment as Chief Vigilance Commissioner was cancelled by President Pratibha Patil after the Supreme Court held it as illegal, has moved the Delhi high court seeking stay of the appointment of his successor who is being sworn in on Thursday.
The new Chief Vigilance Commissioner Pradeep Kumar has spoken out in his first television interview since taking charge on July 14. In an exclusive interview with CNN-IBN, Kumar made it clear that there was no question of buckling under any kind of political pressure and that the battle against corruption will continue. The excerpts
Another meeting will be called next week at a mutually-convenient date.
So far, CBI's investigations into the coal scam are highly superficial and limited to small fishes. It is unlikely to go deeper in the political connections, a source tells rediff.com
A controversy has broken out over the appointment of an additional director in the Central Bureau of Investigation after the government and the central vigilance commission locked horns over considering an officer whose track record was under question.
While Lok Sabha Speaker is yet to decide on Leader of Opposition, the Centre on Monday went ahead with the process of appointment of Central Vigilance Commissioner and sought nominations of eligible candidates from all secretaries.
Vigilance Commissioner Suresh N Patel was on Wednesday appointed as the Central Vigilance Commissioner, a year after the post fell vacant.
CBI has registered 18 FIRs so far in the coal scam.
The Supreme Court on Tuesday virtually questioned the tenability of Chief Vigilance Commissioner P J Thomas supervising the Central Bureau of Investigation's probe into the 2G spectrum scandal as he himself was Telecom Seceratary at the relevant point of time.
Former Central Board of Direct Taxes chief K V Chowdary and Information Commissioner Vijai Sharma were on Monday appointed Central Vigilance Commissioner and Chief Information Commissioner, posts which have remained vacant for over nine months on which the government drew some flak.
The heads of Central Vigilance Commission and the Central Bureau of Investigation on Wednesday met Prime Minister Manmohan Singh to discuss various issues related to the proposed Lokpal bill. CVC Pradeep Kumar and CBI Director A P Singh are understood to have raised concerns over the present form of the proposed anti-corruption bill and sought its redressal
In a bid to ensure transparency in government projects, Lieutenant Governor V K Saxena has made mandatory an integrity pact between the Delhi government and a vendor in all contracts exceeding Rs 10 crore, officials said on Tuesday.
The Central Vigilance Commission has convened a meeting with Central Bureau of Investigation Director Ranjit Sinha to discuss the missing files with details of coal block allocations.
'This move rendered the chiefs of important investigative agencies to the status of daily wage earners. It undermined the autonomy and independence of the agencies.'
Senior most Information Commissioner Vijai Sharma is tipped to be new Chief Information Commissioner, while former Central Board of Direct Taxes chief K V Chowdary is understood to be in the running for the Central Vigilance Commissioner's post.
Amid escalating tensions between the AAP dispensation and the Lieutenant Governor's office, the weekly meeting of Delhi Chief Minister Arvind Kejriwal and LG V K Saxena will not be held this Friday, the third time in a row.
The 1984-batch IRS officer was otherwise to remain in office till November 18, 2023, according to the notification issued by the government.
While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.
"There are not sufficient number of applications received by the government. The extension in the last date has been given to allow more people to apply for the posts," a senior government official said.
Anil Kumar Sinha, a 1979-batch Indian Police Service officer, on Wednesday took over the reins of the Central Bureau of Investigation at a time when the agency is facing criticism from courts over its handling of probe in coal allocation and 2G scams.
Billionaire Mukesh Ambani for the second year in a row drew no salary from his flagship firm Reliance Industries in the last fiscal as he voluntarily gave up remuneration in light of the pandemic hitting the business and economy. In its latest annual report, Reliance said Ambani's remuneration for the financial year 2020-21 was "nil". In June 2020, Mukesh D Ambani, chairman and managing director of Reliance Industries, voluntarily decided to forego his salary for the year 2020-21, in light of the COVID-19 outbreak in India, which exacted a huge toll on the societal, economic and industrial health of the nation.
In a surprise move by the Chief Vigilance Commission panel, an Indian Police Service officer of the 1976 batch from Uttar Pradesh, Atul has been short-listed to become the Central Bureau of Investigation director on December 1.
The bench said the petition has relied on a March 2 verdict of the apex court which had ruled that the appointment of the Chief Election Commissioner and ECs will be done by the President on the recommendation of a committee, comprising the prime minister, Leader of the Opposition in Lok Sabha and the CJI, to maintain the "purity of election".