ONGC graft case: CBI books 13 officials for the loss of ₹80 crore

Visakhapatnam, Andhra Pradesh: In a case of alleged regularities, the CBI has booked 13 serving and retired officials of the ONGC for incurring losses of ₹80 crore for the company.

All of officials are accused of wrongfully allocating a contract for supplying gas dehydration units to company’s Rajahmundry plant in Andhra Pradesh.

The First Information Report (FIR) issued by the CBI’s Visakhapatnam unit in connection with the alleged scam in 2014 includes former director (Onshore) Ashok Verma, former executive director D.G. Sanyal, and retired DGM (Production), Arup Ratan Das.

The allegations, in this case, indicate that the Andhra Pradesh based unit awarded a contract to Deep Industries by overlooking the guidelines of ONGC, despite the fact that company was ineligible due to technical deficiencies.

According to the CBI, all of the accused individuals misused their positions to grant a contract worth ₹312 crore to Deep Industries for supplying the gas dehydration units (GDUs), thereby causing a loss of ₹80 crores to ONGC.

Das allegedly made working papers for hiring and owning of GDUs at five units and prepared the estimates on single quotation as against the requirement of three budgetary quotations.
The lone budgetary quotation was made by Deep Industries of Rs 219 crore for hiring of GDUs for three years.

ONGC’s Vigilance wing had approached the CBI, charging that it had detected a fraud of Rs 80 crore committed by the ONGC-Rajahmandry officials between 2014 and 2015. Based on the complaint, CBI did preliminary inquiries and registered a case of criminal conspiracy, cheating, and criminal misconduct.