Rai will not draw any salary or perks from the government. (File photo)

NEW DELHI: The appointment of former comptroller and auditor general Vinod Rai as the chairman of Banks Board Bureau (BBB) will have no “obligations on the Consolidated Fund of India“ - or, in other words, Rai will not draw any salary or perks from the government.

A source said Rai, when approached by the government to oversee the appointment of heads of public sector banks as chairman of BBB, had especifically requested that the issue of his service conditions be addressed before he agrees to take up the assignment. “This is merely a committee and not a full-time appointment. It will have no obligations on the Consolidated Fund of In dia or any state government-that is what the bar is about,“ the source said.

Rai's selection as chairman came under scrutiny with Congress questioning the possible violation of Article 148(4) of the Constitution, which says, “The CAG shall not be eligible for further office either under the government of India or under the government of any state after he has ceased to hold his office.“ Befo re the decision was made public, the go vernment is believed to have checked with the law ministry on the legality of appointing the former CAG. The source said this case was “much distanced from“ former CAG V K Shunglu's use of government office and staff, besides drawing an honorarium, after his appointment to probe CWG irregularities.

