ICAI cancels today's CA exam following leak, retest on August 26

New Delhi, Aug 5 (UNI) Institute of Chartered Accountants of India (ICAI) tonight announced it had cancelled today's Common Proficiency Test for admission to Chartered Accountant course due to the paper leak in the national capital.

A retest will be held on August 26.

Talking to reporters after a two-hour-long Executive and Exam Committee meeting, ICAI President Sunil Talati said all the Institute had filed an FIR and the investigation were in progress to nab the guility people.

As many as 82,000 students wrote two papers across 209 centres in the country.

A news channel in a sting allegedly showed an two teachers -- Satish and Sudesh-- selling the question paper for Rs 60,000.

The ICAI said the sting is being ''looked into for a necessary investigation and further action''.

Announcing the formation of high-power commitee to take remedial measures and 'plug the gaps,' Mr Talati said action will be taken against the people involved in the incident.

''We are worried...We have a perfect examination system under which 110 examinations have been conducted in the past 57 years.

never has such a situation occurred. A greedy person, who wanted to make easy money, has leaked the paper,'' he said.

''The Institute will ensure that whoever is involved in the crime will be brought to book. Police or CBI will look into the matter... This in an unfortunate incident in the 57-year history of ICAI,'' he added.

UNI