Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
VIDEOS
Business

CBI director Alok Verma reverses all transfer orders by M Nageswara Rao

Updated : January 10, 2019 06:53 AM IST

The Central Bureau of Investigation (CBI) director Alok Verma on Wednesday revoked most of the transfer orders issued by then director (in-charge) M Nageshwar Rao between October 24, 2018 and January 3, 2019.

CNBC-TV18 has reviewed a circular by the CBI withdrawing the transfer orders.

On Tuesday, the Supreme Court set aside the centre's October 23 decision divesting Verma of his powers and sending him on leave, but restrained him from taking any major policy decision till the Central Vigilance Commission inquiry into corruption charges against him is over.

The apex court also said that any further decision against Verma would be taken by the high-powered committee which selects and appoints the CBI Director.

It said the high-powered committee will take its decision on the basis of the findings of the CVC inquiry. It said the meeting of the committee should be convened within a week.

The centre had taken the decision against Verma and CBI's special sirector Rakesh Asthana after their feud had become public as they levelled allegations of corruption against each other.

Verma's two-year tenure as CBI director ends on January 31.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV