Last week, RIL Chairman, Mukesh Ambani, met Prime Minister Manmohan Singh. I don't know what they discussed, which is hardly surprising. But I can guess, since the media has been full of speculation about the CAG's draft report of investigations into RIL's exploration, development and production of petroleum resources in the Krishna Godavari (KG) basin.
Now I haven't read the report. Again, this is hardly surprising, since it is still being studied by the oil ministry. Nor, says Mukesh Ambani, has he read the report. Now this would be truly surprising, given the wide-spread belief that the Reliance empire's access to relevant government documents is unparalleled.
Unless, of course, something has changed in the RIL-government dynamic. When Murli Deora was transferred out of the Ministry of Petroleum and Natural Gas this January, the move was seen by many as a signal that the government was trying to create a distance between itself and the country's richest man: Murli Deora, who nowRead More »from I am not Your Crony