Sunday 31 August 2014

Govt targets UPA nominees on PSU boards

Govt targets UPA nominees on PSU boards




NEW DELHI: After sacking four independent directors of IOC, the Narendra Modi-government is now seeking to remove nine similar Congress-appointees from the board of ONGC, HPCL and MRPL. 

After getting Indian Oil Corp, the nation's largest oil firm, to drop four independent directors and Engineers India to boot out two, it is now seeking to sack former power secretary P Uma Shankar, chartered accountant S Ravi and former BPCL chairman R K Singh from the board of ONGC. 

It also wants chartered accountant Rohit Khanna to be removed from the board of Hindustan Petroleum (HPCL). Also, chartered accountant C L Shah, former IAS officer Neela Gangadharan, IISc Professor Jayant M Modak, professor of marketing at Banaras Hindu University Usha Kiran Rai and ship master captain John Prasad Menezes are being sought to be removed from board of Mangalore Refinery and Petrochemicals (MRPL), a subsidiary of ONGC. 

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