Parliamentary panel asks members to declare business interests | Latest News Delhi - Hindustan Times
close_game
close_game

Parliamentary panel asks members to declare business interests

PTI | By, New Delhi
Oct 14, 2009 04:35 PM IST

In a move aimed at removing issues of conflict of interest, the Parliamentary Committee on Public Undertakings (COPU) has asked its members to declare their business interests.

In a move aimed at removing issues of conflict of interest, the Parliamentary Committee on Public Undertakings (COPU) has asked its members to declare their business interests.

HT Image
HT Image

The committee headed by senior Congress member V Kishore Chandra Deo has recently sent a circular to its members to indicate their business interests to the Committee, which is set to discuss the functioning of key public sector undertakings.

Hindustan Times - your fastest source for breaking news! Read now.

The move comes against the backdrop of objections by some members under 255 of the Rules and Procedures of Conduct of Business in the Lok Sabha said to have been raised against three members, involved in the infrastructure business.

Sources said the members have been asked to furnish the information as per Rule 52(A) directions by the Lok Sabha Speaker.

Under this Rule, if a member of a committee has a "personal, pecuniary or direct interest" in any matter which was before consideration by a committee, he shall state his interest to the Speaker through the Chairman of the Committee.

Observing that COPU was a financial committee having "little more teeth", the sources said that the Committee would send member's declarations to the Speaker to decide.

The sources said that more than 50 per cent of the 22-member committee has already complied with it.

If a member gave wrong information, the Speaker has power to remove that member from the committee, they said.

Unveiling 'Elections 2024: The Big Picture', a fresh segment in HT's talk show 'The Interview with Kumkum Chadha', where leaders across the political spectrum discuss the upcoming general elections. Watch now!
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, March 28, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On