RIL books under cover, cries CAG


“Audit has gone into a limbo, so we cannot share much details,” a top official at the Comptroller and Auditor General said on the condition of anonymity, when asked if the audit has been done on the capital expenditure of Rs 45,000 crore by RIL in its Krishna-Godavari basin gas fields.

The comments by the oil and gas regulator, on its official website, followed allegations made by Anil Ambani, fighting a bitter gas battle with elder brother Mukesh, that RIL had overstated its expenditure and demands for a probe by the Central Vigilance Commission and audit by CAG.

The CAG official said the special audit was being done on the government’s request under the New Exploration Licensing Policy (NELP) for finding natural gas and other petroleum products.

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