House panel: Let CBI probe IFCI chief, Vinod Rai

Dec 14, 2011 |

Age Corespondent

New Delhi

The parliamentary privileges committee has recommended a CBI probe into the appointment of Industrial Finance Corporation of India CEO and MD Atul Kumar Rai. It has also pointed fingers at the role of the then secretary, financial services, Mr Vinod Rai, now the CAG, in this appointment.

A committee report said it felt “that in a collusive effort, undue favour was given to Mr Rai by wrongly interpreting the civil service rules”.

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