Monday January 22, 2018
Home Politics CVC cites lac...

CVC cites lack of awaresness about vigilance as reason of corruption


Bhubaneswar: There is a lack of awareness about vigilance procedure which is the reason for corruption and unethical behaviour in India, K V Chowdary, Central Vigilance Commissioner said on Wednesday.

Addressing the 15th edition of the Nalco foundation day lecture series on “Preventive Vigilance: Key to Good Corporate Governance”, Chowdary laid stress on awareness of vigilance measures as a fundamental to prevent corrupt practices.

He expressed concern that most people in the country lack awareness about vigilance procedures, which results in corruption and misconduct.

Chowdary said the vigilance system and procedures should be consistent and simplified, and the mechanism should be robust, and continuously tested.

He also focused on a systematic and continuous feedback system.

The CVC said public sector undertakings and corporates, along with government organisations, should give due importance to preventive vigilance as well as predictive vigilance.

Nalco CMD Tapan Kumar Chand said: “As a corporate philosophy, Nalco has focused on value-based management, taking manifold steps to promote transparency, fairness, responsibility and accountability that are cardinal principles of corporate governance.”

A book “Aluminium: the Strategic Metal”, authored by Chand, was also released, which speaks about the strategic use of aluminium.

The first Nalco Kalidas Awards were also handed over to Harekrishna Satapathy, vice chancellor of Rashtriya Sanskrit Vidyapeetha, Tirupati, and Gangadhar Panda, Vice Chancellor of Jagannath Sanskrit Vishvavidyalaya in Puri for their significant contributions in the field of teaching and propagating Sanskrit.(Picture

Click here for reuse options!
Copyright 2016 NewsGram

Next Story

Ex-Pakistani PM Nawaz Sharif Indicted on Corruption Charges

Muhammad Safdar
Muhammad Safdar, husband of Maryam Nawaz, daughter of ousted Pakistani premier Nawaz Sharif, waves from a a vehicle as he arrives at an accountability court in Islamabad. VOA

Islamabad, October 19: Former Pakistani Prime Minister Nawaz Sharif has been indicted on corruption charges stemming from information taken from the so-called “Panama Papers.”

The country’s anti-corruption court indicted the 67-year-old Sharif during a hearing Thursday in Islamabad. His daughter Maryam and son-in-law Mohammed Safdar were also indicted. Maryam Sharif and Mohammed Safdar appeared in court and pleaded not guilty to the charges.

A lawyer for the elder Sharif, who is in London with his wife as she undergoes cancer treatment, entered a not guilty plea on his behalf. Maryam Sharif angrily dismissed the allegations as “baseless.”

Sharif was disqualified by Pakistan’s Supreme Court and removed from office in July after leaked documents last year from a Panama-based law firm revealed the family held a number of unreported overseas assets.(VOA)

Next Story