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Priority will be to build a very strong vigilance mechanism, says new CVC K.V. Chowdary

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By NewsGram Staff Writer

New Delhi: Former Central Board of Direct Taxes chief K.V. Chowdary, who will be sworn in as the new Central Vigilance Commissioner on Wednesday, has said his priority will be to build “a very strong vigilance mechanism”.

In an interview to a news channel, Chowdary said he will also look into protection for officers who were discharging their duties in a responsible manner.

“My priority would be to move along with my two colleagues and see that we build a very strong vigilance mechanism,” he said.

Chowdary said he had worked on several sensitive cases in the past and feels he was “competent for the job”.

Asked about reservations of senior lawyers Ram Jethmalani and Prashant Bhushan to his appointment, he said he did not want to get into any individual allegation made by eminent people.

“I am clear in my mind and heart that I have not done anything wrong. I go by rules book but not by allegations made.”

Answering a query, he said the relationship between CVC and Central Bureau of Investigation has been very clearly laid down.

(With inputs from IANS)

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Kanishk Gold Directors Questioned in Loan Fraud Case

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A Central Bureau of Investigation official told IANS: "Questioning of KGPL Directors Bhoopesh Kumar Jain and Neeta Jain is being carried out at our Bengaluru office." Pixabay

The CBI on Thursday said that it was questioning the directors of Kanishk Gold Pvt. Ltd. (KGPL) in connection with its ongoing probe into the alleged defrauding a consortium of 14 banks led by the SBI to the tune of Rs 824 crore.

Bhoopesh and Neeta Jain had arrived here on Wednesday evening, according to the official.

kanishk gold
The agency also conducted searches at KGPL’s office as well as official and residential premise of accused persons at various places in Chennai. Pixabay

ALSO READ: India’s Demonetisation decision likely to affect Gold Market in the short term: World Gold Council (WGC) report 

The questioning comes in the wake of the case it registered against the Chennai-based jeweller on Wednesday for defrauding the consortium of Rs 824.15 crore in the form of loans, now been declared a non-performing asset (NPA). IANS

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