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CAG insists on its right to vet contractors’ documents
November 20, 2012November 20, 2012by In Oil & Gas

CAG insists on its right to vet contractors’ documents

Comptroller and Auditor General (CAG) has asked oil ministry to ‘specifically incorporate’ its right to audit contractor(s) relevant documents of contractors in the future production sharing contracts (PSC).In a letter to Petroleum Secretary, the CAG’s Director General (Commercial) II, P Sesh Kumar said the government auditor must have access to the books, accounts, records, documents and financial statements of co