Former oil regulator Sibal goes on long leave from OIL
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Former oil regulator Sibal goes on long leave from OIL

Last Updated: Tuesday, November 03, 2009, 20:30
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Tags: V K SibalOIL
Former oil regulator Sibal goes on long leave from OIL New Delhi: Former oil regulator V K Sibal, who was denied an extension of service, has gone on long leave after his parent organisation Oil India Ltd kept pending his application for early retirement.

Sibal rejoined OIL on October 31 and immediately applied for early retirement, government sources said. In 2004, he had gone as Directorate General of Hydrocarbons on lien from where he was reverted to his parent company OIL.

OIL has not taken a decision on his application as the vigilance clearance is still pending.

Sibal was denied an extension as head of India's upstream nodal agency till his superannuation age of 60 years in January 2012 after the Central Vigilance Commission found a "deficit of trust" in him. Sibal faces allegations of nexus with certain private operators.

Sibal, Director General of DGH, had on October 23 applied for voluntary retirement from OIL. But OIL rejected his application saying he could request for early retirement only from his employer of that time that is the Government of India, sources said.

Despite repeated efforts, Sibal could not be reached for comments.

S K Srivastava, Director (Operations) at OIL has been given additional charge as head of DGH.

Srivastava has been given additional charge of DG, DGH for a six month period till April 30.

For OIL to consider Sibal's plea, he would have to complete his deputation and join back and then apply for retirement.

As per rules, Sibal had to revert to his parent firm OIL on rejection of his extension of services beyond October 31.

Sources said since Sibal was on lien to the Government of India when he applied for voluntary retirement, OIL could not accept his resignation.

OIL will consider his request after mandatory vigilance clearance.

The CVC, whose clearance is a must for appointments and extension of service at such level, in its preliminary report is believed to have stated that there appeared "prima facie" substance in the allegations of favouritism levelled against Sibal but has sought more time for a detailed report.

Charges of conflict of interest were levelled against him as the DGH office in Noida on the outskirts of the national capital was rented from a company that was a contractor for DGH. Also, it was alleged that he lived in a rented house owned by a firm that subsequently was awarded oil blocks.

There were also allegations that he approved increased expenditure at Reliance Industries' gas field in lieu of personal benefits.

Bureau Report

First Published: Tuesday, November 03, 2009, 20:30

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