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September 2008

CVC recovers Rs.19.62 crore in corruption cases.

By Raman Jokhakar, Tarunkumar Singhal, Chartered Accountants
Reading Time 1 mins
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71 CVC recovers Rs.19.62 crore in corruption
cases.

The Central Vigilance Commission (CVC) has
recovered Rs.19.62 crore after investigating corruption cases in government
departments and public sector undertakings during the first-half of the year.

 

While the Commission advised major penalty
proceedings in 651 cases, it advised imposition of major penalties in 350 cases
during the period.

 

The central watchdog, which has been mandated by
the Supreme Court to monitor the issue of granting sanction for prosecution of
officials in various government organisations, advised prosecution
in 84 cases and the requisite orders were sanctioned in 49 cases.

(Source : Internet Newswire, July 2008)

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