BANGALORE
Former prime minister HD Deve Gowda is ready to face investigation by the CBI as recommended by the Central Vigilance Commission (CVC) into the allocation of coal blocks during his tenure as the prime minister between June 1, 1996 and April 11, 1997.
Former prime minister HD Deve Gowda is ready to face investigation by the CBI as recommended by the Central Vigilance Commission (CVC) into the allocation of coal blocks during his tenure as the prime minister between June 1, 1996 and April 11, 1997.
Gowda’s assertion on Tuesday has come in the wake of the CVC asking the CBI to probe all coal block allocations made after 1993. The government had started allocations to private players for captive use in the year 1993. In its reference, the CVC has asked the CBI to probe how the rules were flouted and if there was any flagrant violation of the policy. The CVC has further asked the CBI to probe the possible role of government officials who allegedly connived with private companies and the kind of profit accrued to coal block beneficiary companies.
Gowda said that he would welcome the CVC decision. “I am ready to face any kind of investigation on all financial, economic and other decisions taken regarding coal blocks allotments during my tenure as prime minister,” he announced.
The former prime minister slammed the Union government for introducing the second phase of economic reforms including foreign direct investment (FDI) in retail and other sectors in the country. “Taking advantage of the first phase of economic reforms many fraudulent companies like Bangalore Mysore Infrastructure Corridor (BMIC), Enron and thousands of such companies have looted the lands of the people in the name of development,” Gowda said.
Before allowing second round of reforms the union government should constitute a parliamentary committee to review the changes brought in by the first round of economic reforms, he said. The committee members should travel across the country and visit at least two villages in every state.
They should know what has actually happened at the gross root level, Gowda demanded. “I am ready to become the member of the committee and before jumping into the decision of allowing FDI in retail sector, this has to be done,” he maintained.
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