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CAG to check propriety of RIL spending on KG-D6: Oil Min

Apr 04, 2013

CAG to check propriety of RIL spending on KG-D6: Oil Min

As CAG gets ready to resume audit of Reliance Industries' spending on KG-D6 gas block, the Oil Ministry has set rules of engagement for the scrutiny saying the auditor will examine propriety of expenses as has been set out in the PSC. #CAG #Oil Ministry #TheySaidIt #RIL #PErformance Audit #Financial Audit
CAG wants to check propriety of RIL spending on KG-D6

Mar 19, 2013

CAG wants to check propriety of RIL spending on KG-D6

Having suspended audit of Reliance Industries' spending on KG-D6 gas block, the CAG has said that it is not planning to a do a performance audit of the company but wants to examine "propriety" of expenses made. #CAG #CompanyWatch #RIL #spending #KGD6 #PErformance Audit #Financial Audit
Oil Min wants CAG  to do financial audit of RIL's KG-D6

Mar 07, 2013

Oil Min wants CAG to do financial audit of RIL's KG-D6

The Oil Ministry seems to have suggested to CAG that its audit of Reliance Industries' spending on the flagging KG-D6 gas block should be a financial scrutiny and not a performance audit. #CAG #NewsTracker #KG-D6 #RIL #PErformance Audit #Financial Audit
Not obliged to provide past year documents to CAG: RIL

Feb 14, 2013

Not obliged to provide past year documents to CAG: RIL

As differences simmer over scope of CAG audit of its flagging KG-D6 fields, Reliance Industries has said it is not obliged to provide full access to documents relating to years that are not under audit. #CAG #TheySaidIt #KG-D6 #RIL #audit #PErformance Audit #Financial Audit
CAG to begin audit of RIL's KG-D6 spendings on Jan 9

Jan 07, 2013

CAG to begin audit of RIL's KG-D6 spendings on Jan 9

It had agreed in May to do a second round of audit of spending in KG-D6 block for years 2008-09 to 2011-12 but that could not start due to differences over scope with RIL. #CAG #KG-D6 #CompanyWatch #RIL #PErformance Audit #Financial Audit