CBI registers FIR against former DG (Hydrocarbons) V K Sibal for ‘favouring’ private oil firms

Agency sources said there were alleged discrepancies in carrying out works in oil and gas field explorations.

Written by Agencies | New Delhi | Published: July 1, 2011 2:56:41 pm

The CBI today registered an FIR against former Director General of Hydrocarbons V K Sibal for allegedly favouring a private firm in carrying out speculative seismic exploration.

CBI sleuths also searched his premises in Noida.

Agency sources said there were several alleged discrepancies in carrying out works and favouring leading private players and foreign consultants involved in oil and gas field explorations.

There is clear evidence against Sibal,they alleged. The DGH,under the Ministry of Petroleum and Natural Gas,is mandated to carry out geophysical survey with any

company to upgrade the available data on the potential of hydrocarbons in the country,with the purpose of attracting domestic and international firms to explore and develop oil and gas fields.

Sibal was Director General of Hydrocarbons between 2004 and 2009.

The Central Vigilance Commission had found alleged discrepancies in different works carried out by Sibal and recommended a CBI probe.

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