BackCWG Scam | Kalmadi denied bail
CWG Scam | Kalmadi denied bail
Premium
New Delhi: Sacked Commonwealth Games Organising Committee chief Suresh Kalmadi, arrested for his alleged role in awarding a Games contract to a Swiss firm at an exorbitant rate, was on Monday denied bail by a Delhi court.
Special CBI Judge Talwant Singh dismissed Kalmadi’s bail plea along with that of Games organising panel’s joint director-general (Sports) A S V Prasad, saying that “the offences are of serious nature."
The court also said that they might try to influence witnesses, if enlarged on bail at this juncture.
The court also said that “Prasad was close to Kalmadi" and had a key role in awarding the contract which caused huge loss to the exchequer.
Kalmadi was arrested along with Prasad and three others on 25 April 2011 for awarding the contract for installing the Time-Scoring-Result (TSR) system to a Swiss firm, Swiss Times Omega, at an exorbitant cost of ₹ 141 crore, causing a loss of over ₹ 95 crore to the public exchequer.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!
