rdfs:comment
| - Chakolath Ramachandran(born in ottapaalam, kerala, April 17,1938) was former Principal Secretary to the Government of Tamil Nadu, Industries Department,.His honest and dynamic leadership qualities earned him a strong reputation among his friends and peers alike.Mr Ramachandran was Industries Secretary when Ms Jayalalitha was the Chief Minister during 1991-96. An officer of the Indian Administrative Service, he also held the posts such as chairman and managing director,TIDCO; Chairman,tamil nadu petroproducts ltd.(TNPL); Government of Tamil Nadu.
|
abstract
| - Chakolath Ramachandran(born in ottapaalam, kerala, April 17,1938) was former Principal Secretary to the Government of Tamil Nadu, Industries Department,.His honest and dynamic leadership qualities earned him a strong reputation among his friends and peers alike.Mr Ramachandran was Industries Secretary when Ms Jayalalitha was the Chief Minister during 1991-96. An officer of the Indian Administrative Service, he also held the posts such as chairman and managing director,TIDCO; Chairman,tamil nadu petroproducts ltd.(TNPL); Government of Tamil Nadu. MR C Ramachandran then joined the board of directors of Tamilnadu Petroproducts Ltd. On May 26,2001 and was inducted as an Additional Director of the company. A resolution was placed before the shareholders at TPL's forthcoming AGM, held on August 30, to appoint Mr Ramachandran as a director of the company. He is often known as the man who bruoght FORD to India,and was friendly and pleasant be it during his service to his superiors and ministers or while handling the media. However a special judge trying corruption cases on Tuesday,december 25,2000 framed charges of criminal conspiracy and corruption against former Tamil Nadu chief minister Jayalalitha, industrialist A C Muthiah and a Mr.Ramachandran in the Rs 282.9 million 'SPIC disinvestment case'.Jayalalitha, Muthiah and C Ramachandran, appeared before Judge A C Arumugaperumal Adithan and pleaded 'not guilty' when the charges against them were read out.The CBI, in its chargesheet filed, alleged that Jayalalitha and Ramachandran 'abused their position as public servants' to favour then SPIC chairman, the late M A Chidambaram and Muthiah by first letting Chidambaram become the company's chairman and then by deciding to renounce TIDCO's rights when the issue was announced. Special Judge R. Rajamanickam on Jan 23,2004 gave his ruling in a crowded court hall, acquitted Ramachandran and Muthiah as well. He said that the CBI had failed to prove the case beyond reasonable doubt and hence awarded the benefit of the doubt to the accused. He found all the accused not guilty. The Special Judge held that the sanction granted for prosecuting Jayalalithaa and Ramachandran was not valid.The Special Judge found that Chidambaram and Muthiah received no monetary advantage (in acquiring the rights). The State government did not suffer any loss because it had followed "The Economic Times formula", which was a well-accepted method for fixing share prices. There was evidence to show that Mr.Ramachandran had applied his mind to the subject matter, that TIDCO's decision to renounce was right, that procedure was followed in the matter, and that neither the government nor TIDCO suffered any financial loss because of the renunciation The Judge said that sanction to prosecute Jayalalithaa and Ramachandran was given without the Governor's approval. (The Governor has to accord sanction for prosecuting Ministers and IAS officers.) A prosecution witness had given evidence to the effect that after the GOs were issued sanctioning the prosecution of Jayalalithaa and Ramachandran, the CBI wanted some amendments made in them. So a new order was issued granting prosecution. But the second (new) order did not go to the Governor, the witness said. The Governor's approval was not received for cancelling the earlier GO either. Hence, it was clear that the new order was issued without the Governor's approval, the Judge said. Jayalalithaa came out of the court hall looking pleased. Mr.Ramachandran, however, did not speak to the media. Muthiah said, "Truth has prevailed." Mr.Ramachandran now works with an infrastructure company,elnet.He is a Hindu Nair born near trissur and studied at the madras christian college.
|