The CBI Director can have a tenure of as much as 5 years with the brand new ordinance. (File)
New Delhi:
The authorities has introduced two ordinances to increase the tenures of the CBI and Enforcement Directorate chiefs to as much as 5 years. The chiefs of the central companies at present have a two-year tenure.
Both the ordinances have been signed off by President Ram Nath Kovind.
The chiefs of the highest companies might be given extensions, as per the ordinances, yearly for as much as three years after they full the two-year time period.
“Provided that the period for which the Director of Enforcement holds the office on his initial appointment may, in public interest, on the recommendation of the Committee under clause(a) and for the reasons to be recorded in writing, be extended up to one year at a time:
Provided further that no such extension shall be granted after the completion of a period of five years in total including the period mentioned in the initial appointment,” an official assertion reads.
A Supreme Court bench – headed by Justice LN Rao – lately gave a judgment within the case linked to the extension of Enforcement Director SK Mishra, underlining the extension of tenure “should be done only in rare and exceptional cases”.
His two-year tenure can be over on November 17.
The opposition events, prior to now, have accused the federal government of misusing central companies amid probes concentrating on high leaders and former ministers.