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JPC probe to cover UTI too

Our Bureau

NEW DELHI, Aug. 3

THE mandate of the Joint Parliamentary Committee (JPC), headed by Mr Prakash Mani Tripathi, which is looking into the stock market scam, has been expanded to include the probe into affairs of the Unit Trust of India, the Lok Sabha Speaker, Mr G.M.C. Bala yogi, has announced. This would include looking into the current US-64 fiasco.

This was decided after a meeting convened by the Speaker with leaders of various political parties and Mr Tripathi.

The announcement of expanding the mandate of the panel headed by Mr Tripathi has come in the midst of demands by the Opposition, especially the Congress, to constitute a separate JPC to look into the functioning of UTI. However, this was rejected by the Government on both Houses of Parliament during the debate on the UTI issue.

Mr Balayogi said that the JPC would now probe into all issues connected with UTI which were raised during the Thursday's adjournment motion moved by the Opposition.

Related links:
JPC to probe fund erosion in UTI schemes
Stock scam: JPC to move into specifics
JPC to probe UTI positions in `Ketan Parekh' scrips

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