Conflict of interest stalls Rs 1200 crore NHAI project
NEW DELHI. National Highways Authority of India (NHAI) has disqualified infrastructure major IL&FS for a Rs 1,200 crore highway project in Gujarat this month citing "potential conflict of interest".
The company has retired IAS officer R C Sinha as a nonexecutive independent director, who is also the adviser to highways minister Nitin Gadkari. Sinha holds this honorary post as he does not take any salary , though he has office and staff at his disposal at Transport Bhawan. NHAI also bears expenses on his stay when he is in Delhi. Mint