New Delhi: The CBI on Thursday said it will soon
finalise a case against former Director General of
Hydrocarbons VK Sibal for allegedly scuttling an enquiry by
CVC for discrepancies in oil exploration works and contracts
executed by domestic and foreign players.
Official sources said the CBI was likely to register a
case against Sibal under different Sections of IPC for
allegedly attempting to conceal documents to avoid a thorough
inquiry by the CVC.
They said Sibal, while serving as the DGH, has delayed
the CVC enquiry in which the anti-corruption watchdog has
found that he had extended "undue favours to private companies
in grant of extension in exploration contracts". CBI has
registered a Preliminary Enquiry (PE) on November 26, 2009.
Besides this, CBI was also likely to register another
case against him as the agency claimed it had sufficient
documentary evidence against Sibal in alleged discrepancies in
carrying out the work and favouring leading private players
and foreign consultants involved in oil and gas field
DGH, under the Ministry of Petroleum and Natural Gas, is
mandated to carry out speculative geophysical survey with any
company to upgrade the available data on hydrocarbons
potential in the country, with the purpose of attracting
domestic and international firms to explore and develop oil
and gas fields.
The CBI had sought statements from Sibal and carried out
a probe in the Ministry of Petroleum and Natural gas as well.
Sibal was the DGH between 2004 and 2009.