Ex-DGH sibal wants to stay on at OIL India | business | Hindustan Times
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Ex-DGH sibal wants to stay on at OIL India

Former Director General of Hydrocarbons (DGH) V.K. Sibal, who was caught in the crossfire between the feuding Ambani brothers, wants to continue at state-run Oil India Ltd (OIL), the organisation he rejoined after his term as DGH ended on 31 October last year.

business Updated: Feb 10, 2010 23:11 IST
Utpal Bhaskar

Former Director General of Hydrocarbons (DGH) V.K. Sibal, who was caught in the crossfire between the feuding Ambani brothers, wants to continue at state-run Oil India Ltd (OIL), the organisation he rejoined after his term as DGH ended on 31 October last year.

“I had applied for early retirement. It can be only given after vigilance clearances. That time I had applied for retirement but it didn’t happen. My application has been perpetually withdrawn,” Sibal said.

“I want to work with OIL for another two years till my superannuation in January 2012,” he added.

The Central Vigilance Commission (CVC) had asked the Central Bureau of Investigation (CBI) to look into allegations of a nexus between Sibal and Mukesh Ambani-owned Reliance Industries Ltd (RIL). CVC oversees the functioning of government agencies and state-owned firms.

The DGH is a government body that manages petroleum resources of the country and falls under the purview of the ministry of petroleum and natural gas. “Sibal has rejoined work and has two more years to go,” said a top petroleum ministry official. “He wants to continue with OIL.”

After leaving DGH, Sibal went on three months’ leave which ended on January 31, after which he assumed office on 1 February as an officer on special duty (OSD) at OIL.