PREVENTIVE VIGILANCE

cvc-halves-time-for-reconsideration-of-its-advice-against-officials-accused-of-corruption

CVC halves time for reconsideration of its advice against officials accused of corruption

The CVC has halved to one month the time for reconsideration of its advice against government officials accused of corruption in cases where the department concerned wants to have a lenient or stricter view on the quantum of punishment recommended by it.

The move came after it was noticed that such proposals were not received in the stipulated time period of two months, thus causing a delay in the processing of vigilance cases.

The CVC is consulted by the government departments at two stages in vigilance cases — advice is first obtained on investigation reports and second before a final decision is taken at the conclusion of proceedings against corrupt employees.

Citing its earlier guidelines, the commission said that the government departments are required to approach the CVC for advice wherein a lenient or stricter view than that advised by it is proposed to be taken in the vigilance cases. Further, it was also prescribed that such reconsideration proposals should be sent within two months from the date of receipt of the commission’s advice, says the order.

Considering the need for expeditious finalization of vigilance cases and to adhere to the timelines for its finalizations, the commission on review of the existing timelines has decided that any proposal for a reconsideration of its first stage advice should be made to it within one month of receipt of the first stage advice, it said.

08 Aug 2020
former-head-of-anti-corruption-body-joins-reliance-board

Former head of anti-corruption body (CVC) joins Reliance board

Former Chief Vigilance Commissioner and the first CBDT Chairman under the Modi Govt K V Chowdary (Retd IRS IT:1978) has joined the board of India's most valuable company Reliance Industries Limited (RIL) as an independent director.

Chowdary was in August 2014 appointed as CBDT Chairman. Following his retirement he was appointed advisor to the Department of Revenue on issues relating to black money, before being made the Central Vigilance Commissioner (CVC) in June 2015.

It may be mentioned that he was elected as a Member of the Executive Committee of International Association of Anti-Corruption Agencies. He is also a Member on the Advisory Board of CAG of India. Chowdary also holds directorship in CCL Products (India) Ltd, a listed company.

19 Oct 2019
cvc-halves-time-for-reconsideration-of-its-advice-against-officials-accused-of-corruption

CVC halves time for reconsideration of its advice against officials accused of corruption

By IndianMandarins 08 Aug 2020

The CVC has halved to one month the time for reconsideration of its advice against government officials accused of corruption in cases where the department concerned wants to have a lenient or stricter view on the quantum of punishment recommended by it.

The move came after it was noticed that such proposals were not received in the stipulated time period of two months, thus causing a delay in the processing of vigilance cases.

The CVC is consulted by the government departments at two stages in vigilance cases — advice is first obtained on investigation reports and second before a final decision is taken at the conclusion of proceedings against corrupt employees.

Citing its earlier guidelines, the commission said that the government departments are required to approach the CVC for advice wherein a lenient or stricter view than that advised by it is proposed to be taken in the vigilance cases. Further, it was also prescribed that such reconsideration proposals should be sent within two months from the date of receipt of the commission’s advice, says the order.

Considering the need for expeditious finalization of vigilance cases and to adhere to the timelines for its finalizations, the commission on review of the existing timelines has decided that any proposal for a reconsideration of its first stage advice should be made to it within one month of receipt of the first stage advice, it said.

former-head-of-anti-corruption-body-joins-reliance-board

Former head of anti-corruption body (CVC) joins Reliance board

By IndianMandarins 19 Oct 2019

Former Chief Vigilance Commissioner and the first CBDT Chairman under the Modi Govt K V Chowdary (Retd IRS IT:1978) has joined the board of India's most valuable company Reliance Industries Limited (RIL) as an independent director.

Chowdary was in August 2014 appointed as CBDT Chairman. Following his retirement he was appointed advisor to the Department of Revenue on issues relating to black money, before being made the Central Vigilance Commissioner (CVC) in June 2015.

It may be mentioned that he was elected as a Member of the Executive Committee of International Association of Anti-Corruption Agencies. He is also a Member on the Advisory Board of CAG of India. Chowdary also holds directorship in CCL Products (India) Ltd, a listed company.

board-of-directors:-vrs-of-a-director-hangs-in-balance-

Board of Directors: VRS of a Director hangs in balance?

By IndianMandarins 18 Sep 2019

A senior board level official in country’s key public sector entity is under troubles since May this year. In an unwarranted situation, the top official chose to opt for VRS but that did not prove to be enough to ease him out. If some top sources in a premier agency is to be believed the notice period for VRS ended in the first week of August 2019 but the administrative ministry extended the timeline for a particular reason.

As per rules the acceptance of VRS application requires vigilance clearance but the agencies do not find the case fit for clearance and his VRS has been hanging in balance for now.

Irony is that even though the Board-level official wants to get rid of corruption charges mere few months ahead of retirement, he finds himself in a catch 22 situation.

 

nbcc-observes-vigilance-awareness-week

NBCC observes Vigilance Awareness Week

By IndianMandarins 03 Nov 2018

NBCC, the state-owned Navratna CPSE, observed ‘Vigilance Awareness Week’ from October 29 to November 03, 2018 on the theme “Eradicate Corruption-Build a New India”. Among highlights of the week-long event it included release of Vigilance Bulletin titled ‘पारदर्शिता’ and thought-provoking posters brought out by Vigilance Department of NBCC to spread awareness and provide valuable insights on vigilant practices.

 

Dr. Anoop Kumar Mittal (CMD, NBCC) along with Dr. Tejendra Mohan Bhasin (Vigilance Commissioner) and accompanied by Sanjiv Swarup (CVO), Rajendra Chaudhari (Director, Commercial) and other senior officials of NBCC released the bulletin and posters. Corporate Vigilance Division also organised many other important activities on the occasion at all NBCC offices across the country, which included administering Vigilance and Integrity Pledge, Interactive Session on vigilance, Motivational lecture sessions, Essay and Quiz competitions among others. 

cvc-shares-report-on-100-bank-frauds-with-cbi,-rbi-&-ed

CVC shares report on 100 bank frauds with CBI, RBI & ED

By IndianMandarins 17 Oct 2018

Probity watchdog Central Vigilance Commission (CVC) has completed a first-of-its-kind analysis of the top 100 banking frauds, including those in the jewellery and aviation sectors, and shared its findings with the RBI, ED and CBI among others. These studies have been done by CVC conducted these studies as a preventive vigilance tool.

 

The analysis focussed on the modus operandi, amount involved, type of lending (viz. consortium or individual), anomalies observed, loopholes that facilitated perpetration of the fraud concerned and the systemic improvements required to plug the gaps in the system and procedures. The frauds were classified and analysed for 13 sectors including gem and jewellery, manufacturing and industry, agro, media, aviation, service and project, discounting of cheques, trading, information technology, export business, fixed deposits, demand loan and letter of comfort.

 

The modus operandi of these top 100 loans has been thoroughly analysed and various loopholes or lapses have been identified. Based on the findings, various industry specific suggestions for systemic improvement have been given in the final report, which have also been sent to the Department of Financial Services and RBI (Reserve Bank of India), in order to plug the loopholes observed by the Commission. The measures suggested include strengthening of standard operating procedures (SOPs) and the monitoring system, and also highlighting the role of controlling offices, so as to examine the aspect of quality of business.

 

RBI has reportedly found the inputs useful for systemic improvements to mitigate the risks. CVC Member T M Bhasin, a former CMD of Indian Bank, said the intention of the commission was to bring about awareness among the field functionaries by enhancing their knowledge towards the existing lapses, so that frauds of similar nature do not recur.

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