The Central Vigilance Commission has reconstituted an
advisory board with the inclusion of two new members, to assist the CBI
in probing cases of bank, commercial and financial frauds.
The
new entrants are Radha Vinod Raju, former IPS officer and
ex-Director-General of the National Investigation Agency; and R.
Ramachandran, former Chairman and Managing Director of Andhra Bank.
Other members of the board include the retired IAS officer, Vivek
Mehrotra; the former Executive Director of Corporation Bank, Asit Pal;
and chartered accountant T.N. Manoharan.
The members are entitled to an honorarium of Rs. 30,000 a month in addition to travelling and sitting fees.
The
CVC announced the formation of the six-member board in March. “It has
later been observed that two of the members, Balwinder Singh, IPS
(retd), and A.S. Bhattacharya, ex-CMD, Bank of Maharashtra, were not
fulfilling the terms and conditions of appointment,” a CVC statement
said.
The board, under the chairmanship of the former RBI Deputy Governor, Shyamala Gopinath, will be based in Mumbai. — PTI
http://www.thehindu.com/todays-paper/tp-national/article3463549.ece
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