Following assurance from the union petroleum ministry, the officials of the Comptroller and Auditor General of India (CAG) resumed audit of the KG-D6 gas field operated by Reliance Industries (RIL).
Recently, the team of CAG arrived at the Mumbai office of RIL for this purpose. The CAG received assurance from the oil ministry that the auditing team would have access to all records under Article 25 of RILÂ’s production sharing contract (PSC) with the government.
It may be recalled that the national auditor had suspended the finance audit midway in January, as the company did not agree to the scope of the audit.
RIL argued that the auditor must not look into the performance aspects of the block. However, the CAG insisted on auditing these aspects, too, in order to safeguard the interest of the government.
The CAG has to audit the documents for 2008-09 to 2011-12 under Section 20 of the C&AG (DPC) Act, 1971.
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