Neelkanth Mishra, the recently appointed part-time chairperson of the UIDAI, is also part of the Economic Advisory Council to the Prime Minister of India.
The government's denial came in response to a parliamentary question about the rising instances of financial frauds associated with the Aadhaar enabled Payment Systems.
In April this year, the UIDAI announced its partnership with IIT-Bombay, to develop a touchless biometric capture system for fingerprint authentication.