India

CWG scam: Delhi HC grants Suresh Kalmadi on a surety of 5 lakh

CNN-IBN | Updated Jan 19, 2012 at 04:31pm IST
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New Delhi: The Delhi High Court on Thursday granted bail to former Commonewealth Games (CWG) OC Chief Suresh Kalmadi on a surety of Rs 5 lakh after nine months who is an accused in the case pertaining to the mega-sporting event held in New Delhi in 2010.

The HC also granted bail to former director general of CWG VK Verma.

Kalmadi, Verma and nine others have been accused of allegedly awarding a contract to a Swiss firm to install a Timing-Scoring-Result (TSR) system for the Games at an exorbitant rate, causing a loss of over Rs 90 crore to the state exchequer.

Congress leader Digvijaya Singh commented on Kalmadi's bail and said, "Bail is the right of every accused. If a chargesheet has been filed and investigations are complete, then it is the right of every accused to get a bail."

Kalmadi had earlier moved the High Court seeking bail citing the Supreme Court's judgement in 2G spectrum case and said it has been held that "bail is rule and jail is exception".

The CBI, however, opposed the bail pleas of Kalmadi and Verma saying the trial is to begin soon and would be held on a day-to-day basis.

The CBI alleged Kalmadi was the key accused in the case.

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Politics

Suresh Kalmadi

Posted on Jun 06, 2013 at 03:50PM IST
Suresh Rao Kalmadi (born May 1, 1944, Pune, Maharashtra) is an Indian politician and businessman. He is a member of the Indian National Congress political party. He is the president of the Indian Olympic Association, Asian Athletics Associatio ...

News Makers

CBI

Posted on Jun 20, 2013 at 03:17PM IST
The Central Bureau of Investigation (CBI) (Hindi: केंद्रीय अन्वेषण ब्यूरो), is India's premier investigating agency, ...

Sports

Commonwealth Games

Posted on Jun 06, 2013 at 03:50PM IST
The Commonwealth Games is an international, multi-sport event involving athletes from the Commonwealth of Nations. The event was first held in 1930 and takes place every four years.It was initially known as the British Empire Games and was ren ...