Jairam Ramesh demands JPC probe into alleged Rs 20,000 crore GSPC scam during Modi CMship

Another confrontation between the government and opposition appeared imminent with Congress today bringing Prime Minister Narendra Modi in the line of fire over alleged irregularities in Gujarat State Petroleum Corporation, dubbing it a bigger scam then in 2G and coal blocks allocation.

Party spokespersons Jairam Ramesh and Shaktisinh Gohil demanded a Joint Parliamentary Committee probe into the alleged scam of Rs 20,000 crore in the state owned GSPC when Modi was the Chief Minister.

On a day when the dates of the next session of Parliament were announced, they told reporters that the Prime Minister, who often quoted Pandit Jawaharlal Nehru these days, should either agree for a JPC probe or handover the inquiry to a sitting Supreme Court judge.

Ramesh reminded the Prime Minister that Nehru was instrumental in holding judicial probe into the Mundhra scandal that led to the resignation of the then Finance Minister T T Krishnamachari.

“Duping of state exchequer, playing fraud with public money and squandering of public resources to profiteer private company under the watch of the then Gujarat Chief Minister Narendra Modi stands exposed by CAG report tabled in the state Assembly on March 31,” alleged Gohil, who is an MLA in Gujarat.

They alleged that the latest report of CAG lays bare the “Modi Model” of “malicious enrichment” of a private company Geo Global Resources(India) and its parent US organisation GeoGlobal Resources, which were “gifted away” 10 per cent of free shares in the KG Basin gas block.

Modi’s announcement in June 2005 about discovery of 20 trillion cubic feet (tcf) of gas by GSPC in the KG basin had resulted in appreciation of the GeoGlobal stock in the U S 15,000 time, they said, posing a host of questions to the Prime Minister.

While Ramesh said that the Gujarat scam was “bigger” than that of the coal blocks and 2G allocation, party’s chief spokesperson Randeep Surjewala said that the Congress-led UPA was quick to take action against the concerned Ministers.

They claimed that CAG report of audit of GSPC for 2011-12 to 2014-15 appears to have been “deliberately delayed” in order not to permit the truth of “plunder” of public money to be exposed before people.

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