New Delhi: National High Speed Rail Corporation Limited’s (NHSRCL) Managing Director, Satish Agnihotri, has been dismissed from his post following allegations of financial irregularities and misuse of power, said senior officials on Thursday.
The charge for three months has been handed over to Rajendra Prasad, Director, Projects, National High Speed Rail Corporation Limited (NHSRCL), the officials said.
Senior Railway officials reveal that Mr. Agnihotri was accused of misusing his official position and diverting funds in an unauthorised manner to a private company.
They said that Mr. Agnihotri’s dismissal was made in response to a June 2 Lokpal court judgement directing the CBI to look into allegations of a “quid pro quo” arrangement allegedly made by the former NHSRCL MD with a private company during his nine-year tenure as the CMD of Rail Vikas Nigam Limited (RVNL).
The Lokpal court has urged the CBI to “determine whether any offence under the Prevention of Corruption Act, 1988, is made out” against Mr. Agnihotri. According to a directive from the Lokpal court, he must submit the investigation’s findings to the Lokpal office within six months or before December 12, 2022.
NHSRCL is a joint venture of the Government of India and participating states for implementing high-speed rail projects.
Mr Agnihotri was a 1982-batch IRSE officer and joined NHSRCL in July 2021. Earlier, he was the chairman and managing director of Rail Vikas Nigam Limited (RVNL).
The Railways, despite issued termination of Mr Agnihotri from the service, is tightlipped regarding charges against him.