New Delhi: Shashi Kant Sharma was on Thursday sworn-in as Comptroller and Auditor General of India (CAG) by President Pranab Mukherjee at Rashtrapati Bhavan.

"Shashi Kant Sharma will have tenure up to September 24, 2017," an official statement said.

Sharma (61), 1976 Bihar cadre IAS officer, replaced Vinod Rai, who superannuated on Wednesday after a five-and-a-half year eventful tenure as the head of the CAG.

He was holding the post of Defence Secretary prior to this new assignment. Sharma's appointment comes at a time when the CAG has come under sharp attack from the government and ruling party for its reports on assessment of Rs 1.76 lakh crore loss in allocation of 2G spectrum.

Under Rai's tenure, the CAG was accused of going beyond its auditing ambit and indulging in analyzing policy decisions. Rai, however, had hit back saying the government just wanted the CAG to be an accountant.

The new CAG will have to handle the audit report on AgustaWestland chopper deal, among other reports. He was closely associated with the deal from its early days till its completion in 2010.

Like Vinod Rai, Sharma too had served as Secretary in the Department of Financial Services. Sharma, who holds a Masters degree in Political Science from the University of York, has spent over 10 years in the Defence Ministry in various capacities.


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