Prashant Bhushan has mentioned many former bureaucrats and bankers like former Chairman of State Bank of India Arundhati Bhattacharya, former CVC KV Chaudhary.
Updated: September 18, 2026, 1:35 PM IST
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Prashant Bhushan raises questions as former CVC, CAG and top bankers take up roles at Reliance (File)
Renowned lawyer Prashant Bhushan, in a post on X on Friday (September 18), questioned whether post-retirement jobs that create a conflict of interest while in office should be prohibitedIn the post, Prashant wrote that former CVC chiefs , CAG chiefs , heads of banks and PSUs, and even Supreme Court judges, have joined Reliance after retirement— the same company for which they had to work as regulators during their tenure.
Names of which former bureaucrats
In this list, Prashant Bhushan has written the names of former Chairman of State Bank of India Arundhati Bhattacharya, former CVC KV Chaudhary, former Chairman BPCL Sarthak Behuria, former Chairman of Indian Oil Corporation Sanjiv Singh, former Director General of GAIL Prabhat Singh.
Apart from these, former Chairman of General Insurance Corporation of India D Sengupta, former Chairman and MD of State Bank of India KK Purwar, former Supreme Court Justice Krishna Murari, former CAG Rajiv Maharishi, Finance Secretary RS Gujral, Deputy Governor of Reserve Bank of India MK Jain, former head of ICICI Bank KV Kamath are also among the officials joining Reliance.
Former, CVC chief, CAG chief, Bank chiefs, PSU chiefs, even Supreme Court judge joined Reliance, the company that they should have dealt with in some capacity as Regulators, after retirementShouldn’t there be a ban on such post retirement jobs which create conflicts of interest… pic.twitter.com/EE0C2O0tA5
— Prashant Bhushan (@pbhushan1) September 18, 2026
The graphic highlights a consisted pattern where former government heavyweights transitioned swiftly into lucrative advisory and board positions post-retirement.
The very core of the debate centers on whether the prospect of lucrative post-retirement corporate appointments compromises the neutrality and independence of public servants while they hold office.
While these appointments are undertaken under the gamit of existing corporate laws—provided cooling-off periods are observed or waived—the sheer volume of top-tier public officials migrating to a single conglomerate has sparked debate on neutrality and independence of public servants while they hold office.
