Thursday, November 24, 2011

http://petroleumdealers.wordpress.com/2011/11/20/ashok-singh-declares-war-on-s-roy-choudhury-of-hpcl/#comment-1085 Supreme Court said corrupt should

Ashok Singh declares war on S. Roy Choudhuryhttp://petroleumdealers.wordpress.com/2011/11/20/ashok-singh-declares-war-on-s-roy-choudhury-of-hpcl/#comment-1085

Supreme Court said corrupt should be hanged at Lamp Post.
S Roy Choudhury with his predecessor Arun Balakrishnan deserve it.
At the earliest

On Sun, Nov 20, 2011 at 3:27 PM, ravi srivastava wrote:

Ashok Singh declares war on S. Roy Choudhury
Vol 15, PW 10 (17 Nov 2011) - Politics & People

Hindustan Petroleum chairman S. Roy Choudhury has promised to fight a series of damaging allegations soon to be laid bare in the Delhi High Court. Ashok Singh, a former HPCL officer and labour union official, plans to file a petition claiming the Central Vigilance Commission (CVC) fraudulently cleared Choudhury’s appointment as company chairman in 2010. “The CVC didn’t stop Choudhury from taking charge in August 2010,” Singh tells PETROWATCH. “But my complaint against him is pending since November 11, 2009.” Two months ago Singh invoked the Right to Information Act to discover his complaint against Choudhury is gathering dust at the CVC. Provoked, he hired a team of top lawyers, and is trying to hire former solicitor general Gopal Subramaniam also. A draft petition, seen by this report, alleges impropriety when Choudhury was HPCL executive director and later director marketing. Singh alleges that in May 2009 Choudhury allowed a generous 75 day credit period to privately-owned GMR for diesel delivered to its 200-MW Vasavi Basin Bridge power station in Chennai. “On the one hand HPCL is borrowing from the market,” reads the draft petition. “On the other it has given credit to GMR.” Worse, Singh alleges GMR wrongly told power purchaser Tamil Nadu Electricity Board (TNEB) it was allowed only five days credit by HPCL. “TNEB is a government enterprise and was deprived of 70 days additional credit,” he adds. Also under scrutiny is Choudhury’s appointment of ICICI Bank in 2003 without tender to operate a customer loyalty programme for diesel sales from HPCL pumps. And finally, when others were ignoring Kingfisher Airlines chairman Vijay Mallya, Choudhury inexplicably raised the cash-strapped stricken airline’s credit limit from Rs300cr ($60m) to Rs605cr ($121m). “These charges are an act of desperation from a man (Singh) who was dismissed from HPCL,” Choudhury tells this report. “If they come to court I will fight them.”

NOTE: Ashok Singh alleges that another watchdog body, the Comptroller and Auditor General (CAG), asked HPCL in May 2009 to explain the “undue favour” to GMR Vasavi but that Choudhury’s appointment as company chairman went through nonetheless. Singh also asks how Choudhury could have approved a marketing partnership with ICICI Bank when diesel fuel sales are subsidised by the government. ICICI, he says, earned Rs165cr ($33m) as a result. “HPCL is a public sector undertaking but out of the revenues earned on sale of these (government-subsidised) products it has agreed to share the revenue with a private bank without any public interest,” he says. Singh, 53, is the son-in-law of former Congress Party MP Rana Veer Singh. As HPCL regional manager and president of the Oil Sector Officers’ Association, he was dismissed in March 2009 after the government broke a strike by oil sector officers two months earlier. A lawyer by training, Singh has taken up farming in the Etawah district of Uttar Pradesh since his dismissal from HPCL.


R. P. Srivastava
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RTI Activist &India Against corruption Coordinator Navi Mumbai

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