IndianOil pact with Tll
New Delhi   22-Jan-2008
National oil major, IndianOil has entered into a memorandum of understanding with Transparency International India (TII) for implementing an integrity pact programme to enhance transparency in its business transactions, contracts and procurement processes. Under the MoU signed in Delhi, IndianOil is committed to implementing the integrity pact in all its major procurement and work contract activities. Four independent external monitors nominated by TII in consultation with the Central Vigilance Commission shall monitor the activities, according to a company release.