Tuesday, November 30, 2010

CBI books top CW Games officials for Rs 50 cr fraud

CBI registered cases against two officials of the CW Games Organising Committee. Lalit Bhanot (Secretary-general,OC) and VK Verma (Director-genral,OC) are accused of buying sophisticated equipment called 'Time, Result and Scoring System' (TRS) at an inflated cost of  Rs 107 crore. CBI officials estimate the system should have cost just half as much.
CBI suspects that the tender requirements were tweaked in such a way that only one Swiss firm could fulfill the requirements.

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